Recovery of Terminal Demand may Balance the Supply and Demand of Copper Scrap in March

Published: Mar 3, 2023 15:07

Source: SMM

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Approaching the Two Sessions in March, more policies supporting infrastructure and real estate will be implemented, which will boost the recovery of terminal consumption.

SHANGHAI, Mar 3 (SMM) - Approaching the Two Sessions in March, more policies supporting infrastructure and real estate will be implemented, which will boost the recovery of terminal consumption. The continuous release of favourable macroeconomic policies will drive copper prices to rise again. In March, the secondary copper rod factories may focus on reducing their finished product inventory, and thus the demand for copper scrap will be released slowly.

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