Golden Dragon Group’s 80,000 mt copper tube project commissioned on Dec 26-Shanghai Metals Market

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Golden Dragon Group’s 80,000 mt copper tube project commissioned on Dec 26

Company News 10:30:15AM Dec 29, 2018 Source:SMM

SHANGHAI, Dec 29 (SMM) – The 80,000 mt/year copper tube project of Golden Dragon Group in Chongqing’s Wanzhou district came on stream on Wednesday December 26, SMM learned.

With total investment of some 1.1 billion yuan, the project began construction on April 19, 2017 and the first production line commissioned at the end of the same year.

Another two production lines came online on December 26, 2018, marking the commissioning of the whole project that can produce 80,000 mt of precise copper tubes per year.

Key Words:  Copper   Copper tube 

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#1 Refined Cu
Apr.22
49450.0
20.0
(0.04%)
Yangshan Copper Premium(Bill of Lading)
Apr.22
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.22
50.5
0.0
(0.00%)
Imported Cu Concentrate TC(Cu≥26%,Week)
Apr.19
67.0
-1.5
(-2.19%)
Imported Cu Concentrate TC(Cu≥26%,Month)
Mar.29
73.5
-6.0
(-7.55%)

Golden Dragon Group’s 80,000 mt copper tube project commissioned on Dec 26

Company News 10:30:15AM Dec 29, 2018 Source:SMM

SHANGHAI, Dec 29 (SMM) – The 80,000 mt/year copper tube project of Golden Dragon Group in Chongqing’s Wanzhou district came on stream on Wednesday December 26, SMM learned.

With total investment of some 1.1 billion yuan, the project began construction on April 19, 2017 and the first production line commissioned at the end of the same year.

Another two production lines came online on December 26, 2018, marking the commissioning of the whole project that can produce 80,000 mt of precise copper tubes per year.

Key Words:  Copper   Copper tube