In charts: How copper demand shows US' increasing import dependence | Metals Mine

  • In charts: How copper demand shows US' increasing import dependence

    From source.benchmarkminerals.com

    Benchmark analysis of copper demand data highlights theincreasing reliance in the West– and particularly in the US – on imported goods. It also draws attention to the proportion of Chinese copper consumption that is due to the export of manufactured goods. This comes despite the US' continued efforts to decrease its import dependence. Although the countryused Section 232 investigationsto tackle copper imports, a significant amount of copper enters the country through end use products such as cars and washing machines, suggesting the US's issue isn't just copper production, but the later stages of the value of the ... (full story)

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