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| Economy | |
| Why Metal Recyclers Are Optimistic About Tariffs | |
| 2025-07-09 | |
| [Epoch Times] The recycled metals industry is growing domestically and internationally, in part fueled by the rapid expansion of construction and automotive manufacturing. Now, tariffs may be giving it a boost. Buyers may be reluctant to pay higher prices on imported metals if recycled materials offer similar quality. "That shift creates a baseline demand for recycled metals that didn’t exist before .... Businesses are treating domestic supply like insurance against future supply chain shocks," Schmied said. Generally, when scrap metal is sorted and purified by a recycling company, the metal is melted down and recast—made into rolls, ingots, or sheets—depending on the type of metal and its intended purpose. After this process, recycled metals can be sold to manufacturers for use in new products. This can be done with significantly less expense than mining new, unprocessed elements. This is news?
The United States is also a major exporter of scrap metals, with $3.98 billion in scrap aluminum exports in 2024—mostly to India, Thailand, Malaysia, and South Korea—according to OEC data. Scrap iron exports amounted to $6.46 billion in the same year. Interesting. Related: Tariff 07/08/2025 'The Hunger Games' in Ukrainian: Bank Secrecy Will Die, and Taxes Will Crush Tariff 07/08/2025 Trump bets big on new tariff deals as deadline to price spike 'doomsday' approaches Tariff 07/07/2025 Using Cellular Infrastructure to Detect Drone Attacks | |
| Posted by:Bobby |
| #1 Suddenly, all those old computer units in your closet have value. |
| Posted by: Skidmark 2025-07-09 00:31 |