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.
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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