China's imports of copper scrap in March shrank 38.5% on the year, according to data from China Customs. This brought the overall copper scrap imports for the first quarter of the year down almost 40%
The following table shows the movements of ferrous and nonferrous metals on the SHFE and DCE on Monday April 23. 2018.
China's inventory of refined aluminium including SHFE warrants dipped slightly to 2.231 million mt as of Monday April 23 as downstream consumption picked up, according to SMM data.
China imported 4.02 million mt of coking coal in March, down 37.4% year on year, according to data from China’s Customs.
The following table shows the movements of ferrous and nonferrous metals on the SHFE and DCE on Friday April 20. 2018.
Social inventories of zinc in Shanghai, Guangdong and Tianjin continued to decline and stood at 176,900 mt as of Friday April 20, according to SMM data.
China produced 47.38 million mt of rebar in the first three months of this year, up 18.4% from the same period last year, data from the National Bureau of Statistics (NBS) showed.
Iron ore inventories at 35 major Chinese ports as of Friday April 20 shrank 890,000 mt from a week ago and marked a third consecutive week of decline. Inventories stood at 146.88 million mt
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