The U.S. Copper wire market strengthened through April as a combination of firm digital sector demand and tightening logistics supported a more bullish tone. Geopolitical tensions raised shipping related costs, while restocking activity in Asia ahead of regional holidays kept export flows active. Expectations for accelerated AI and data centre development in the U.S. continued to reinforce long term interest in high conductivity applications. At the same time, elevated mill operations in Taiwan kept spot inventories lean, adding a regional premium to an otherwise well supplied global backdrop. Industrial demand outside the digital segment was more uneven, with seasonal slowdowns in Europe and Southeast Asia tempering broader offtake. Supply side factors, including mine maintenance and policy linked smelter adjustments, added further complexity by tightening concentrate and refined output prospects. Despite this, global copper wire inventories signaled adequate overall availability. Looking ahead, forecasts point to continued firmness supported by structural digital infrastructure needs and periodic tightening in regional liquidity for Copper wire.
Selenis has effectively manufactured recycled PET chips using terephthalic acid sourced from Circ®, a textile-to-textile recycler based in Virginia. The chip production took place through a series of batches at Selenis' pilot plant in San-Giorgio, Italy. By utilizing inputs recovered from polycotton textile waste, Selenis has created high-quality PET chip, which has been further processed into DTY yarn. This yarn will play a crucial role in product development as Circ prepares for additional capsule launches. Selenis is leveraging the success of this initial collaboration phase and is committed to advancing towards an offtake partnership to support Circ's inaugural industrial facility.
Eduardo Santos, Head of Corporate Strategy at Selenis, remarked that the monomer synthesis showed a performance comparable to virgin terephthalic acid. He expressed optimism about the consistent quality of Circ's monomer output and anticipated future commercial success. Santos pointed out that the Circ partnership complements Selenis's existing mission and goals for a more sustainable textile industry. He further stated their anticipation of expanding upon this collaboration and providing support for Circ's forthcoming commercial production trials.
