1. Scrap Copper What is scrap copper?

According to different sources, scrap copper can be divided into two parts: new scrap and old scrap. Old scrap: copper-containing products that are discarded after use. The copper metal obtained after recycling or dismantling is called old scrap.

Judging from the average recycling period of copper products of 15 years, my country's scrap copper supply is entering a stage of rapid growth.

_New waste: The waste generated in the process of copper production or utilization is called new waste, which comes from the three links of copper smelting, copper processing and end product production.

New waste generated at the smelting end includes slag and anode slime, and processing and terminals include industrial defective products and scraps.

More than 90% of the new waste is reused in the factory or recycled upstream and will not flow to the market.

With the development of technology and the realization of customized sizes, the yield loss of this part of the product will become smaller and smaller.

_New scrap and old scrap each account for approximately 50%. Because new scrap will not affect the supply and demand balance of electrolytic copper, therefore, in the study of domestic scrap copper supply, we mainly focus on the old scrap part.

Which industries is scrap copper used in? Scrap copper can be used in both smelting and processing industries_Direct utilization (flowing to the processing end): Some scrap materials do not require smelting and can be directly used as electrolytic copper substitutes for copper production, mainly in scrap copper

Rod making and brass rod industries.

The scrap copper used in the scrap copper rod making industry is mainly bright copper, and the average scrap grade can reach more than 98%, mainly domestic scrap copper; the scrap copper raw material in the brass rod industry is scrap brass copper, with an average grade of about 65%.

And more than 60% is imported scrap brass.

_Indirect utilization (flowing to the smelting end): Some scrap copper needs to be used as a substitute for copper concentrate, and needs to be smelted and processed into electrolytic copper for users to use, which is called regenerative smelting.

The scrap copper raw materials used are mainly imported 1# scrap copper and 2# scrap copper, and the average scrap grade is above 94%.

In recent years, due to stricter environmental protection policies and scrap copper import policies, the proportion of copper scrap flowing into smelting has tended to decrease, and the proportion of scrap used in processing has increased.

Price Trends of Scrap Copper and Refined Copper - Refined Scrap Price Difference Narrows According to SMM data, the refined scrap price difference has been on a narrowing trend since early March this year, which has partially stimulated the utilization rate of the refined copper market.

What is the future trend of scrap copper consumption?

Affected by environmental protection and price factors, the proportion of scrap copper consumption has declined. At the smelting end, about 17% of the electrolytic copper output is produced from scrap copper raw materials; at the processing end, 8-10% of the output of copper processing materials comes from scrap

copper.

_Judging from the situation in recent years, the proportion of scrap copper consumption has declined significantly, both at the smelting end and the processing end.

_On the smelting end, the scrap copper import policy and stricter environmental protection supervision have suppressed scrap copper consumption.

On the processing side, the price difference between fine scrap and scrap has narrowed, and the economic benefits of scrap copper have weakened. In addition, affected by domestic environmental protection policies, the proportion of scrap copper used has also declined.

What terminal areas does domestic waste come from?

Old scrap mainly comes from the five terminal fields of electricity, home appliances, construction, transportation, and machinery and electronics. The source field of scrap copper is closely related to the consumption field of refined copper.

The electric power industry is the main consumer of electrolytic copper and the main source of scrap copper. Home appliances rank second due to their large number, followed by the construction industry, with the three accounting for nearly 80%.

_China’s copper recycling system is fragmented and the recycling rate is low, around 60%.

There are many participants in the scrap copper recycling chain. Among them, the construction, vehicle, machinery and ship-breaking industry processes are relatively simple because the owners of end products can directly deliver the scrap products to dismantling companies, while home appliances and electronic products are more complex.

_The average recycling life of each terminal is about 15 years, and it is expected that the peak period of scrap copper recycling will gradually come after 19 years.

How is the domestic scrap copper dismantling industry developing?

The development of the scrap copper dismantling industry is chaotic and the recycling rate of the industry is low_Dismantling is divided into two parts: fine dismantling and rough dismantling.

The process of manually separating various parts of a product is called rough disassembly, and the process of using disassembly equipment to further crush and grind the disassembled copper-containing parts such as motors and circuit boards into a mixture of metal and non-metal is called fine disassembly.

Most large-scale recycling plants only perform rough disassembly, and copper-containing parts such as motors and motors that are difficult to disassemble manually are mostly handed over to specialized small-scale dismantling plants for disassembly.

_In 2011, the "Regulations on the Management of Recycling and Disposal of Waste Electrical and Electronic Products" was officially implemented. The state began to implement a qualification licensing system for this industry and established a fund to subsidize enterprises that dismantle waste household appliances.

This policy greatly promoted the development of the dismantling industry, but later there was a gap in funds and delays in disbursement. Dismantling companies reduced their acquisitions due to financial problems. Recyclers accumulated a large amount of recycled old home appliances and dismantled them themselves, causing environmental problems.

pollution, and the formation of many irregular and unqualified small-scale dismantling companies.