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The SAVANT Global Copper smelting Index, launched in October 2019 by geospatial intelligence company Earth-i and British commodity brokerage firm Marex Spection, is updated daily, weekly and monthly to reflect the real-time activity of copper smelters around the world.
The index integrates the unique algorithms of artificial intelligence, machine learning and computer vision to achieve third-party API integration, and the monitoring data includes global, national and individual smelter data. The data are strictly screened and a small number of smelters that do not meet the requirements are excluded. The data distinguish between a real shutdown and a brief shutdown of the smelter, and the recovery of smelting by the smelter can also be monitored within 1-3 days.
"the timeliness of the data is critical and marks a significant improvement in existing resources and objective processes," said Guy Wolf, head of global market analysis at Marex Spectron. "
Monthly data released recently showed that the global SAVANT global copper smelting index rose to 88.9 in December, up 0.3 from the November average of 88.6, indicating a slight increase in global copper smelting activity in December. Its SAVANT copper smelting index in China peaked on December 5, but hit a new low for the year in late December, mainly due to a reduction in production at a smelter.
"Click to apply for free trial details
At present, the "SAVANT Global Copper smelting Index" has been logged into the SMM database. For more details on the start-up of the global copper smelter, please go to the SMM database page and apply for a free trial of the detailed data. "Click to apply for free trial details
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