Due to reduced supply, rebounding demand for recycled metals, and rising international copper and aluminum prices, scrap copper and aluminum water tank prices continued to rise in the Chinese market.

The decline in China’s domestic recycling volume, stricter environmental protection supervision, and tighter market circulation resources have pushed scrap prices upward.

With the recovery of the manufacturing industry, downstream companies' demand for recycled copper and aluminum raw materials has increased. The surge in international copper prices has further stimulated market activity and driven up the prices of scrap metals and waste copper and aluminum water tanks.