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China Copper Rod Producers Halt Production on Copper Scrap Shortages, SMM Reports

iconSep 19, 2017 11:59
Source:SMM
Some copper rod producers using copper scrap as raw material in China suspended production due to copper scrap shortages, SMM understands.

SHANGHAI, Sept. 19 (SMM) – Some copper rod producers using copper scrap as raw material in China suspended production due to copper scrap shortages, SMM understands.

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One large copper rod producer using copper scrap as raw material in Jiangxi Province, has ceased production owing to raw material shortages.

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SMM learned traders were unwilling to sell as copper scrap prices dropped recently, and this tightened goods available in the market. 

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