Copper; waste and scrap

HS code 740400 covers the trade of copper waste and scrap, a critical component in the global copper supply chain. Copper is an essential metal used in a wide range of industries, from construction and electronics to transportation and renewable energy. The recycling and reuse of copper waste and scrap is vital for maintaining a sustainable supply of this valuable resource, reducing the need for energy-intensive primary copper production.

The main production techniques for processing copper waste and scrap involve collection, sorting, and refining. Copper scrap is gathered from various sources, such as construction sites, electrical equipment, and consumer products. The scrap is then sorted by type and purity, with different grades of copper being separated. The sorted copper scrap is then melted down and refined to remove impurities, producing high-quality copper that can be used in new manufacturing processes.

The primary inputs for the copper waste and scrap industry are the copper-containing materials that are collected and recycled. This includes a wide range of products, such as 854430 electrical wiring, 940600 plumbing fixtures, and 850110 electric motors. In addition to the copper scrap, the industry also requires energy, such as electricity and natural gas, to power the melting and refining processes, as well as specialized equipment and machinery for handling and processing the materials.

The main output of the copper waste and scrap industry is refined copper, which can be used in a variety of manufacturing processes. The refined copper may be used to produce 740311 copper bars, rods and profiles, 740400 copper wire, or 740700 copper foil, among other copper-based products. The copper waste and scrap industry plays a crucial role in supporting the broader 740100 copper industry by providing a sustainable source of raw material for new copper production.