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Consumption And Yearend Stocks Of Copper-Base Scrap In The United States

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This table presents detailed data on the consumption and yearend stocks of various types of copper-base scrap processed in the United States, categorized by scrap type and processor type such as smelters, refiners, ingot makers, brass and wire-rod mills, and foundries. This information is crucial for understanding the supply dynamics and recycling efficiency within the copper industry, which directly impacts the cost structure and availability of copper for manufacturing and construction. Tracking consumption and inventory levels helps stakeholders anticipate market trends, manage resource allocation, and support sustainable metal use by promoting scrap recycling.

Analyzing the data from 2020 to 2021 reveals several notable trends. Total consumption by smelters, refiners, and ingot makers decreased from 112,000 metric tons in 2020 to 103,000 metric tons in 2021, while their yearend stocks dropped significantly from 53,000 to 30,000 metric tons. Brass and wire-rod mills showed a slight decline in consumption, from 768,000 to 755,000 metric tons, with yearend stocks remaining relatively stable around 1,500 metric tons. Foundries and miscellaneous manufacturers increased consumption modestly from 45,600 to 46,900 metric tons, but their stocks halved from 3,280 to 1,670 metric tons. Among unalloyed scrap, consumption by smelters, refiners, and ingot makers rose slightly from 61,800 to 64,400 metric tons, while stocks fell sharply from 49,300 to 23,200 metric tons. In alloyed scrap, consumption by smelters, refiners, and ingot makers declined from 50,600 to 38,700 metric tons, but their stocks nearly doubled from 3,710 to 6,790 metric tons. These shifts suggest evolving processing patterns and inventory management strategies within the copper recycling sector during this period.

TABLE 10
CONSUMPTION AND YEAREND STOCKS OF COPPER-BASE SCRAP IN THE UNITED STATES1
(Metric tons, gross weight)
20202021
Scrap type and processorConsumptionStocks ConsumptionStocks
Unalloyed scrap:
No. 1 wire and heavy:
Smelters, refiners, and ingot makers 12400W8380W
Brass and wire-rod mills 400000(2)389000(2)
Foundries and miscellaneous manufacturers 20500(2)25600(2)
No. 2 mixed heavy and light:
Smelters, refiners, and ingot makers 49400W56000W
Brass and wire-rod mills 99900(2)96100(2)
Foundries and miscellaneous manufacturers 13700(2)16200(2)
Total unalloyed scrap:
Smelters, refiners, and ingot makers 61800493006440023200
Brass and wire-rod mills 500000986485000919
Foundries and miscellaneous manufacturers 34200226041800605
Alloyed scrap:
Red brass:3
Smelters, refiners, and ingot makers 113002750126001390
Brass mills W(2)W(2)
Foundries and miscellaneous manufacturers W(2)W(2)
Leaded yellow brass:
Smelters, refiners, and ingot makers 47005963830562
Brass mills W(2)W(2)
Foundries and miscellaneous manufacturers W(2)W(2)
Yellow and low brass, all plants7140072577600625
Cartridge cases and brass, all plantsW(2)W(2)
Auto radiators:
Smelters, refiners, and ingot makers 1320060010500801
Foundries and miscellaneous manufacturers W(2)W(2)
Bronzes:
Smelters, refiners, and ingot makers 853012304320766
Brass mills and miscellaneous manufacturers W(2)W(2)
Nickel-copper alloys, all plants103002969840409
Low grade and residues; smelters, refiners,
miscellaneous manufacturersW470W471
Other alloy scrap:4
Smelters, refiners, and ingot makers 1350WWW
Brass mills and miscellaneous manufacturers W(2)W(2)
Total alloyed scrap:
Smelters, refiners, and ingot makers 506003710387006790
Brass mills 269000564270000525
Foundries and miscellaneous manufacturers 11400101051301070
Grand total, scrap:
Smelters, refiners, and ingot makers 1120005300010300030000
Brass and wire-rod mills 76800015507550001440
Foundries and miscellaneous manufacturers 456003280469001670

W Withheld to avoid disclosing company proprietary data; included in “Total unalloyed scrap,” “Total alloyed scrap,” and grand totals.

1Table includes data available through January 15, 2023. Data are rounded to no more than three significant digits; may not add to totals shown.

2Individual breakdown was not available; included in “Total unalloyed scrap,” “Total alloyed scrap,” and grand totals.

3Includes cocks and faucets, commercial bronze, composition turnings, gilding metal, railroad car boxes, and silicon bronze.

4Includes aluminum bronze, beryllium copper, and refinery brass.


Source: United States Geological Survey Mineral Resources Program

See also: Copper statistics | Mineral commodity prices


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