Metals News
Operation of Copper Industry from January to May 2019
translation
14:40PM
The content below was translated by Tencent automatically for reference.

SMM News: from January to May 2019, the operation of the copper industry was generally stable, the output of major copper products maintained growth, the output of refined copper and copper products increased by 4.4 per cent and 11.7 per cent respectively over the same period last year, and the average spot price of copper was 48589 yuan per ton, down 6.5 per cent from the same period last year. The profit of the copper industry was 14.1 billion yuan, an increase of 2.3 percent over the same period last year, of which the copper mining, copper smelting and copper Calendering industries realized profits of 2.22 billion yuan, 5.59 billion yuan, and 6.29 billion yuan; the cumulative import of unforged copper and copper materials was 1.95 million tons, down 9.4 percent from the same period last year, and the physical import of copper concentrate was 9.09 million tons, an increase of 16.6 percent over the same period last year.

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