Will Winter Cuts in “2+26” Cities Hit China Copper Output in Q4 2017? SMM Reports

Published: Sep 15, 2017 10:19

Save

Market players are now very concerned with whether winter cuts in “2+26” cities, namely Beijing, Tianjin and surrounding 26 cities, will take a big toll on copper production.

SHANGHAI, Sept. 15 (SMM) – Market players are now very concerned with whether winter cuts in “2+26” cities, namely Beijing, Tianjin and surrounding 26 cities, will take a big toll on copper production.

SMM sees little impact on China’s total copper output in Q4.

Among the 28 cities, there is just one copper smelter in each of Hebei’s Baoding, Shandong’s Dezhou and Shandong’s Liaocheng. Altogether, these three smelters have a total blister copper capacity of 400,000 tonnes per annum and copper cathode capacity of 800,000 tonnes per annum.

Xiangguang Copper, located in Yanggu, Liaocheng, adopts double-flash technology, which causes limited pollution.

Total monthly output at the other two smelters, which are secondary copper smelters, is less than 10,000 tonnes.

To sum up, output controls in winter heating season will not prevent total copper output nationwide from rising in Q4.

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

Winter Heating Season winter cuts china copper output

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

16 hours ago

"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"

Premier Li Qiang presided over an executive meeting of the State Council to study policy measures for promoting effective investment. The meeting noted that promoting effective investment plays an important role in stabilizing economic growth and strengthening momentum for development. It is necessary to innovate and improve policy measures, and intensify efforts to enhance the efficiency of utilizing funds such as central budget investments, ultra-long-term special treasury bonds, local government special bonds, and new-type policy-based financial instruments. In conjunction with formulating and implementing the 15th Five-Year Plan

16 hours ago

"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...

Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we will thoroughly implement the spirit of the 20th National Congress of the Communist Party of China and the plenary sessions of the Party’s 20th Central Committee, fully and faithfully apply the new development philosophy, strengthen top-level design, build computing power interconnection nodes oriented toward national hub periods, major strategic regions, and key industries, establish a system of computing power interconnection nodes, improve the efficiency and service level of public computing power resources, and promote high-quality development of computing power.

16 hours ago

Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions

After intensive indirect consultations, the new round of nuclear talks between Iran and the US in Muscat, the capital of Oman, has achieved phased progress. It is reported that during this round of talks, the Iranian and US delegations did not meet directly. Instead, Omani Foreign Minister Badr acted as an intermediary, conveying a series of core proposals, strategic concerns, and policy positions to the other side. The atmosphere at the talks was tense yet efficient. According to preliminary on-site assessments, although both sides continue to negotiate over specific terms, they have reached a consensus on the key objective of "continuing dialogue."

16 hours ago