Metals and scrap metal market in Peru and the world

Abstract

This research had as a problem to know the consumption and production of metal and scrap inventories, in that sense what was done was to analyze the market both in Peru and in the world. The methodological approach was descriptive theoretical, based on bibliographic searches of reliable sources such as MINEM, WITS, NOSIS TRADE and OEC. The results showed that the commercialization for base and precious metals worldwide, between export and import, reached a total of US$ 3.79 trillion and for scrap US$ 109.8 billion; from 2018 to 2020. Finally, it is concluded that the largest amount of exports came from China, Germany, Australia, Peru and Chile; while the largest consumer of refined copper was China with 53.6%; likewise it was the largest consumer of metallic scrap with an amount of 1 053 million tons in 2021, this being due to the large number of industries with which it has.