BIR Released World Mirror on Non-Ferrous Metals- March 2025 Issue

SEATTLE (Scrap Monster): The March 2025 issue of World Mirror on Non-Ferrous Metals was released by the Bureau of International Recycling (BIR).

Chinese consumers are buying less from American vendors as a result of the trade tensions between the two nations. There is also uncertainty about commercial relations between the United States and India. The nation's significant copper imports in the last quarter of the previous year demonstrate the continued strength of the industrial demand for different types of copper products.

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Mexican trade has been hit by the 25% Section 232 tariffs on aluminum products that went into force on March 12. Temporary respite has been offered by delaying the 25% tariffs on Mexican goods until April 2. Rising regional premiums and LME prices have affected purchasing patterns.

According to input from many Nordic nations, the market is still driven by material shortages in a number of European regions. Smelters, recyclers, and consumers are all feeling uncertain as a result of the tariffs.

The Malaysian Port Klang is reportedly undergoing fresh disruptions, according to BIR. Additionally, many processing factories in Thailand have been temporarily shut down as a result of environmental inspections.

According to the BIR report, the recycling of non-ferrous metals in the Middle East is expected to rise significantly.