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How Does China Affect Copper Prices?

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Explore the intricate connection between China’s economic dynamics and global markets in our latest blog post. With China importing 60% of the global copper market and driving demand in green and high-tech sectors, the projections indicate a rise to 18 million tons per year by 2030. Discover how these factors serve as a foundation for Chinese growth, prompting the IMF to upgrade GDP estimates for 2023 and 2024. Opportunities for growth extend to major metal exporters like Chile and Indonesia. Dive into the insights on China’s economic evolution and its impact on global markets, especially in the context of a weakening dollar and the Yuan’s fluctuations. Read more to gain a comprehensive understanding – no need to worry about any ‘sneezes’ from China in 2024!

Picture of Dan Sahd

Dan Sahd

Dan Sahd grew up in the scrap metal recycling business, as he started working in the yard at age 8! As the third generation of a scrap metal family he was able to learn the yard from the bottom up and those lessons have provided a solid foundation for the way he manages the yard today.

After earning a Bachelor of Arts from Syracuse University, dual majoring in Television Management and Political Science Dan started a 12 year career working in advertising sales in New York and Washington, DC. Dan returned to the family business when an opportunity presented itself in 2005. Dan has enjoyed leading the organization with his cousin Mike and has been very active in building relationships inside and outside the organization.

Dan is an active member of the ReMA Mid Atlantic Chapter Board and sits on the boards of the Lancaster Chamber and Columbia Economic Development Corporation. To learn a bit more about Dan, here are some podcasts he has been interviewed on:

-https://youtu.be/GSZdxBeaN8E?si=PhR_Tw48cBbVubph

-https://www.iheart.com/podcast/269-just-some-bs-166065095/episode/reinventing-yourself-dan-sahd-on-leaving-172127526/

-https://www.katiesandoe.com/podcast/episode-58-purpose-with-dan-sahd

-https://www.one2oneinc.com/news/episode-3-dan-sahd-sahd-metal-recycling/

-https://youtu.be/hdz2BO1V7BQ?si=sDq0eomYJd2AgIuV

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Acceptable Materials

Appliances including:

  • Stoves
  • Microwaves
  • Washers and Dryers
  • Dishwashers
  • FOR A $20 FEE—Air Conditioners

End of Life Items Including:

  • Hot Water Heaters
  • Machinery (all fluids,pans and cylinders removed)
  • Farm Equipment
  • Farm Machinery
  • Lawnmowers
  • Cast Iron Patio Furniture
  • Cast Iron Outdoor Railing
  • Sheet Metal
  • Steel Wheels
  • Steel

Nonferrous Scrap:

  • Aluminum
  • Aluminum Cans
  • Aluminum Pots and Pans
  • Aluminum Siding/Gutters/Downspouts
  • Aluminum Patio Furniture
  • Aluminum Wheels
  • Aluminum Wire
  • Auto Batteries
  • Brass Fixtures/Lamps Decorative items
  • Cable, Fence and Wire
  • Christmas Lights
  • Copper
  • Copper and Brass Plumbing Pipes
  • Copper and Brass Plumbing Valves and Connectors
  • Copper Tubing
  • Copper Wire
  • Electric Motors
  • Insulated Wire
  • Radiators
  • Screen Doors/Windows (glass removed)
  • Stainless Steel

Prohibited Materials

  • Any Scrap Containing Refrigerants (CFC or HCFC). This includes Freezers and refrigerators. Air Conditioners are accepted for a $20 fee
  • Acetylene Cylinders
  • Asbestos or Asbestos Containing Materials (ACM)- applies to both fibrous and solid materials
  • Automobiles
  • Cathode Ray Tubes (CRT/tube-style computer monitors or televisions)
  • Closed Compressed Gas Cylinders – high pressure cylinders with valve intact
  • Combustible or Flammable Materials – fuels, paints, degreasers, unpunctured aerosol cans
  • Corrosive Materials – highly acidic or caustic materials (battery acid, caustic soda, etc.)
  • Explosive Materials, Munitions, Shell Casings – includes suspect military scrap
  • Free Flowing Liquids (including water)
  • Hazardous Waste – toxic or poisonous materials or wastes
  • Infectious Materials – blood-soaked or biohazard items
  • Liquids or Scrap Containing Free Flowing Liquids – fuels, antifreeze, oils, hydraulic fluid, paints
  • Mercury Containing Materials – mercury-containing thermostats, switches or fluorescent light bulbs
  • Non-Metallic Items – concrete, wood, asphalt, dirt, debris, tires (more than 5 per auto)
  • PCB-Containing Materials
  • Whole tanks uncut
  • Radioactive Scrap – anything exhibiting radiation levels above background
  • Scrap with Small Capacitors that contain 50 ppm of PCBs