Markets News

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Xiangguang Copper: China Copper Smelters to See Overcapacity in 3-5 Years

Xiangguang Copper: China Copper Smelters to See Overcapacity in 3-5 Years

Oct 19, 2016 19:02

Source:SMM

China’s copper smelting industry will see overcapacity in 3-5 years, said Shandong Xiangguang Copper Co.’s Vice President Zhou Songlin.

SHANGHAI, Oct. 19 (SMM) - China’s copper smelting industry will see overcapacity in 3-5 years, Shandong Xiangguang Copper Co.’s Vice President Zhou Songlin told SMM.

Copper smelters are suggested to lower cost and improve technology and recycling, he said. Meanwhile, international cooperation will also help them find a way out.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

copper smelting

copper

Xiangguang Coppe

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Quotes of import premiums for warrants stood at $10-$30/mt today. The average price was $20/mt under warrants, which is stable compared with the last trading day.

Apr 6, 2022 13:21

SMM Comments

Copper Import Market Stagnated due to Weak Price Ratio and Deterioration of Pandemic

Mount Polley Copper Concentrate will be Restarted this Spring

Hundreds of workers working in Mount Polley copper concentrate near Williams Lake in Columbia, Britain are being recalled.

Apr 6, 2022 11:34

Industry

Mount Polley Copper Concentrate will be Restarted this Spring

SMM Morning Comments (Jan 4): Base Metals to Trend Lower as US Dollar Index Rebounds

Shanghai base metals mostly trended lower on Tuesday morning after US dollar rallied significantly. Meanwhile, their counterparts on LME performed similarly.

Jan 4, 2022 10:00

SMM Comments

SMM Morning Comments (Jan 4): Base Metals to Trend Lower as US Dollar Index Rebounds

SMM Evening Comments (Dec 31): Shanghai Nonferrous Metals Mostly Closed with Gains amid Encouraging China PMI for December

Shanghai nonferrous metals mostly closed in the positive territory as the market was cheered up by the macro front, as China released its December official manufacturing and non-manufacturing PMI readings, which topped market expectation.

Dec 31, 2021 19:00

SMM Comments

SMM Evening Comments (Dec 31): Shanghai Nonferrous Metals Mostly Closed with Gains amid Encouraging China PMI for December

SMM Morning Comments (Dec 14): Shanghai Base Metals Basically Trended Lower amid A Cautious Market

Shanghai base metals basically trended lower amid a cautious market which expected the Fed to wrap up the bond purchasing program early than estimate. Meanwhile, their counterparts on LME mostly closed in the positive zone.

Dec 14, 2021 10:00

SMM Comments

SMM Morning Comments (Dec 14): Shanghai Base Metals Basically Trended Lower amid A Cautious Market

SMM Morning Comments (Dec 10): Base Metals Fell across the Board amid Stronger Risk Aversion Sentiments

Shanghai base metals basically trended higher on Friday morning. Meanwhile, their counterparts on LME trended mixed.

Dec 10, 2021 10:00

SMM Comments

SMM Morning Comments (Dec 10): Base Metals Fell across the Board amid Stronger Risk Aversion Sentiments

Exclusive: China's Metals Output in November

China’s copper cathode output stood at 825,900 mt in November, up 4.6% month on month and 0.5% year on year

Dec 10, 2021 18:25

SMM Insight Analysis

Exclusive: China's Metals Output in November

Copper Inventory in Major Chinese Markets Fell 7,200 mt from Monday

As of Friday October 15, the copper inventory in the mainstream Chinese market fell 7,200 mt from Monday October 11 to 105,200 mt. The decrease was mainly contributed by Guangdong, Shanghai and Jiangsu, whose inventory fell 5,200 mt, 4,300 mt and 800 mt to 9,300 mt, 75,700 mt and 12,500 mt, respectively.

Oct 15, 2021 14:53

Analysis

Copper Inventory in Major Chinese Markets Fell 7,200 mt from Monday

SMM Morning Comments (Oct 12): Base Metals Basically Rose amid Extended Power Rationing

Shanghai base metals basically trended higher on Tuesday morning amid extended power rationing. Meanwhile, their counterparts on LME mostly fell.

Oct 12, 2021 09:47

SMM Comments

SMM Morning Comments (Oct 12): Base Metals Basically Rose amid Extended Power Rationing

China Minmetals to Create 9 Bln Yuan Industry Park Covering 300,000-tpy Zinc Greenfield, 200,000-tpy Copper Brownfield Projects

China Minmetals Nonferrous Metals Co. will invest 9 billion yuan in a nonferrous metals industry park which will create 30 billion yuan output value in Hengyang City, Hunan Province, local paper repor

Apr 21, 2017 19:15

Industry Reminder

China Minmetals to Create 9 Bln Yuan Industry Park Covering 300,000-tpy Zinc Greenfield, 200,000-tpy Copper Brownfield Projects

SMM Events & Webinars

All

May
15
- 2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP
  May 15 - 25,2025
  Argentina & Brazil
May
20
- 2025 SMM ASIA METALS SEMINAR
  May 20 - 20,2025
  Global Metals Market in Flux Geopolitics, Policies, Fundamentals
  Novotel Century, Hong Kong, China
May
22
- 2025 SMM 3rd Wire & Cable Conference & Expo
  May 22 - 23,2025
  Suzhou, Jiangsu, China

Xiangguang Copper: China Copper Smelters to See Overcapacity in 3-5 Years

SMM Events & Webinars

2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

2025 SMM ASIA METALS SEMINAR

2025 SMM 3rd Wire & Cable Conference & Expo