Quote Originally Posted by alloy2 View Post
50% tariff on Canadian copper exported south.
One would imagine that it will result in higher prices being paid for scrap copper here in the U.S. ?



I've been tracking scrap copper & brass for awhile. They usually hit a high sometime in the winter or early spring and then trend downward and hit their lows during the summer. It's been different this year. The prices being paid right now are very close to the highs of last winter.

I think what we're seeing here in the US is a trend from sourcing from foreign suppliers to sourcing domestically. The federal government has been loosening our environmental laws so it's likely we will see more refining from scrap to finished metal being done domestically.

ie: During the Obama administration .... environmental laws became so strict that we lost all capacity for lead production. We exported all scrap lead to other countries where the environmental laws were more lax because it was cheaper to do it that way.

Lotta changes going on lately.