Metals News
Utilization Ratio of Scrap Copper Stable at 18.8% in June
smm insight

SHANGHAI, Jul. 25 (SMM) – The latest SMM survey of Chinese copper plate, sheet, strip, and foil producers confirmed that the utilization ratio of scrap copper steadied at 18.8% in June.

In SMM's view, the price gap between scrap and refined copper seldom moved above RMB 1,000/mt during June but mostly between RMB 500-800/mt. The average discount on scrap copper was around RMB 719/mt against refined copper during June. In this context, the utilization ratio of scrap copper failed to increase appreciably in June. 



China scrap copper
price gap
scrap copper discount
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data