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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.

Copper Scrap Imports to Shrink in Q4 as China Recalls Approval for “Category 7” Scrap Imports, SMM Reports

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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