In 2023, China has completely turned into a net exporter of copper strip production, with an export volume of 103,000 tons, a year-on-year increase of 4%, and a net export volume of 25,000 tons.

In January-September 2024, China's copper strip exports were 94,000 tons, a year-on-year increase of 20.4%, and a net export volume of 29,000 tons.

The reason for the growth of copper exports in the past two years is the development of the global electronic circuit industry, and the increase in overseas demand for electronic copper strips, copper strips for integrated circuits, and copper strips for new energy vehicles.

In addition, the development of China's traditional real estate industry is limited, resulting in obvious overcapacity of some types of copper strips.

China's brass strip exports are mainly concentrated in Southeast Asia and the Arab region, which can not only meet the development needs of their infrastructure and construction industries but also solve the problem of overcapacity of brass strips in China.

Since the development of high-end information industries such as semiconductors requires copper strips and China-produced alloy copper strips have price advantages, North America has become the main export destination for China's alloy plates.

Besides, the transformation of the US power system, the development of the AI industry, and the expansion of the scale of the integrated circuit industry have led to an increase in demand for high-precision copper strips and alloy copper strips.