Report: US needs to invest in major metals to compete with China

The US is competing with China on advanced technologies, semiconductors and critical minerals, but major metals aren’t getting enough attention, according to a report from the SAFE’s Center for Strategic Industrial Materials.

The report, Strategic Surpluses: China’s Economic Warfare on Major Metals, found China’s state-backed dominance of steel, aluminum and copper production has created a national security vulnerability for the United States, distorted global markets and weakened US industrial capacity.