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Red Kite: Copper Scrap Supply Tightens, Nickel Prices Barely Bullish
May 10,2017 15:40CST
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Source:SMM
Red Kite Management said at the LME Week copper scrap supply tightened recently after growing in the first quarter of 2017, wenhua.com reported.

SHANGHAI, May 10 (SMM) - Red Kite Management said at the LME Week copper scrap supply tightened recently after growing in the first quarter of 2017, wenhua.com reported.

Interruption at major copper mines affected supply in early 2017.

China Copper Cathode Output Maintains Growth in April, SMM Reports

Chile Copper Output Slid 23% in March after Escondida Hurt by Strike

Nickel prices are not promising considering sufficient nickel inventories and resumption of nickel ore exports by the Philippines. 

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