Home / Metal News /  / Proportion of Scrap Copper Used by Copper Plate, Sheet, Strip and Foil Producers Fell
Proportion of Scrap Copper Used by Copper Plate, Sheet, Strip and Foil Producers Fell
Mar 22,2013 09:52CST
smm insight
Source:SMM
SMM survey to domestic copper plate, sheet, strip and foil producers reveals that the proportion of scrap copper used by the surveyed enterprises was down 7.3% MoM to 17.7% in February.

SHANGHAI, Mar. 22 (SMM) – SMM survey to domestic copper plate, sheet, strip and foil producers reveals that the proportion of scrap copper used by the surveyed enterprises was down 7.3% MoM to 17.7% in February.

SMM believes the decline in use of scrap copper is attributable to falling prices after the Chinese New Year which resulted in tight scrap copper supply. The sharp decrease in operating rates at copper plate, sheet, strip and foil producers in February also damped their use of scrap copper.
 

copper plate
sheet
strip and foil

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news