Impact on China Copper Market from Environmental Protection, SMM Reports

Published: Feb 17, 2017 11:09
China’s Ministry of Environmental Protection announced it will execute air quality inspections during February 15-March 15 in 18 cities, SMM learns.

SHANGHAI, Feb. 17 (SMM) - China’s Ministry of Environmental Protection announced it will execute air quality inspections during February 15-March 15 in 18 cities, SMM learns. These cities include Beijing, Tianjin, Hebei’s Shijiazhuang, Langfang, Baoding, Tangshan, Handan, Xingtai, Cangzhou, Hengshui, Shanxi’s Taiyuan and Linfen, Shandong’s Jinan and Dezhou and Henan’s Zhengzhou, Hebi, Jiaozuo and Anyang, which are major metal producing regions.

SMM Survey: What’s Impact on China Base Metals Market from New Environmental Drive?

SMM undertook a survey to find that this round of environmental protection inspections barely affected copper processors in Hebei. Local plants have improved environmental protection facilities due to previous inspections. Tianjin was significantly affected. Most local scrap copper processors were shut down for inspections. Inspections at some producers will last for two months. Copper cathode producers were not affected yet, though. 

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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Analysis] Key Anchor in Great Rivalry:The U.S. "Project Vault" and the Changing Resource Landscape in Latin America
11 hours ago
[SMM Analysis] Key Anchor in Great Rivalry:The U.S. "Project Vault" and the Changing Resource Landscape in Latin America
Read More
[SMM Analysis] Key Anchor in Great Rivalry:The U.S. "Project Vault" and the Changing Resource Landscape in Latin America
[SMM Analysis] Key Anchor in Great Rivalry:The U.S. "Project Vault" and the Changing Resource Landscape in Latin America
[SMM Analysis: Key Anchor in Great Power Rivalry: The U.S. "Project Vault" and the Changing Resource Landscape in Latin America] While the second phase of Chinese company's Mirador copper mine in Ecuador remains mired in a 'completed but awaiting approval' deadlock, 10,000 kilometers away in Washington, the President, alongside the Export-Import Bank of the United States, is announcing a historic supply chain security initiative named 'Project Vault.'
11 hours ago
Key Anchor in Great Power Rivalry: The US Treasury Plan and Latin America's Resource Transformation [SMM Analysis]
12 hours ago
Key Anchor in Great Power Rivalry: The US Treasury Plan and Latin America's Resource Transformation [SMM Analysis]
Read More
Key Anchor in Great Power Rivalry: The US Treasury Plan and Latin America's Resource Transformation [SMM Analysis]
Key Anchor in Great Power Rivalry: The US Treasury Plan and Latin America's Resource Transformation [SMM Analysis]
[SMM Analysis: The "Key Anchor Point" in Great Power Rivalry: The US "Treasury Plan" and the Resource Reshuffle in Latin America] As the second phase of the Mirador copper mine project in Ecuador, developed by a Chinese enterprise, remains stuck in a "built but awaiting approval" deadlock, ten thousand kilometers away in Washington, the US Export-Import Bank, together with the President, is announcing a historic supply chain security initiative called the "Treasury Plan." In the pause and the start, a global covert battle over critical minerals such as copper, lithium, cobalt, and gallium is moving from behind the scenes to the forefront.
12 hours ago
【SMM News Flash】Hindalco Q3 Profit Falls 45% on US Subsidiary Disruptions, Despite Robust Metal Prices
12 hours ago
【SMM News Flash】Hindalco Q3 Profit Falls 45% on US Subsidiary Disruptions, Despite Robust Metal Prices
Read More
【SMM News Flash】Hindalco Q3 Profit Falls 45% on US Subsidiary Disruptions, Despite Robust Metal Prices
【SMM News Flash】Hindalco Q3 Profit Falls 45% on US Subsidiary Disruptions, Despite Robust Metal Prices
【SMM News Flash】Hindalco Industries reported a 45% decline in Q3 profit, despite strong aluminum and copper prices, as rising costs and operational disruptions at its US subsidiary Novelis weighed on performance.The metal producer, part of the Aditya Birla Group, posted a consolidated net profit of 20.49 billion rupees for the three months ended December 31, down from 37.35 billion rupees a year earlier.The profit drop was mainly due to an exceptional expense of 26.1 billion rupees related to disruptions at the Oswego plant in New York.
12 hours ago
Impact on China Copper Market from Environmental Protection, SMM Reports - Shanghai Metals Market (SMM)