US July copper imports hit highest level on record

Mining09-03 13:09

The United States imported a record 225,094 metric tons of refined copper and copper alloys in July, official data showed on Thursday, as traders continued to ship large volumes of the metal before a ...

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It was up 78% from the previous month and up 8% year-on-year.\nThe surge in imports comes as the market awaits clarity on a proposed U.S. import tariff. The Department of Commerce was due to update President Donald Trump on copper markets by June 30 but there has been no announcement since.\nThe uncertainty has fuelled a record build on the U.S. COMEX exchange, where copper inventories HG-STX-COMEX have risen for 53 days straight to an all-time high of 764,597 short tons, or 693,630 metric tons.\nSome 46% of the U.S. imports in July came from Chile, the world’s biggest copper-mining nation, with Democratic Republic of Congo ranking second and supplying almost one-quarter of the total volume.\nU.S. copper imports in the first seven months of 2026 were 1.12 million tons, up 4.2% from the same period of 2025, when a similar tariff threat hung over the market before refined copper was given an exemption.\n(Reporting by Tom Daly; Editing by Kirsten Donovan)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.49.0","shortVersion":"4.49.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2664532804","isCrawlerRequest":true}