SHANGHAI, Jul. 20 (SMM) – Copper output at China’s ten major smelters, though up in June from May’s level, was below SMM’s forecast.
This is because production at Daye Nonferrous Metals Group and Yunnan Copper’s headquarters was affected by tight blister copper supply, SMM explained.
Copper output at China’s ten major smelters rose 9,800 tonnes month-on-month to 441,000 tonnes in June, contributed mainly by restarts at Xiangguang Copper and Jinchuan (Fangchenggang) following maintenance.
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