Shandong Spot Copper Market

Recently, at the copper alloy division of Shanxi Beitong New Materials Technology Co., Ltd. (hereinafter referred to as "New Materials Technology Company"), a wholly-owned subsidiary of North Copper Co., Ltd. (hereinafter referred to as "North Copper"), a chromium-zirconium copper alloy casting ingot approximately 9 meters long and weighing about 9 mt was slowly extracted from the crystalliser. Upon detection, the casting ingot product exhibited uniform composition, with all performance indicators meeting standard requirements. This specification of casting ingot product represents yet another major breakthrough for North Copper in the field of high-end copper-based new materials, following its achievements in high performance rolled copper foil and copper-nickel-silicon alloy foil.

According to the latest production schedule report on three major white goods released by ChinaIOL, the combined production schedule for air conditioners, refrigerators, and washing machines in June 2026 totaled 30.04 million units, down 11.8% compared to the same period last year.