April 7 quotation of scrap copper in Guangdong

Published: Apr 7, 2020 14:24

SMM4, March 7: quotation of scrap copper in Guangdong

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The tight supply and high prices of secondary brass remain unchanged.
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The tight supply and high prices of secondary brass remain unchanged.
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The tight supply and high prices of secondary brass remain unchanged.
The tight supply and high prices of secondary brass remain unchanged.
[SMM Brass Rod Flash] According to SMM, domestic and imported brass prices currently remain high, continuously driving up downstream procurement costs. Under intense cost pressure, production enthusiasm among sampled enterprises has been notably dampened, with some companies forced to adjust their production schedules, leading to further weakening in operating performance.
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Copper Rod Operating Rates Continued to Pull Back in August
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Copper Rod Operating Rates Continued to Pull Back in August
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Copper Rod Operating Rates Continued to Pull Back in August
Copper Rod Operating Rates Continued to Pull Back in August
[SMM Brass Rod Flash] According to SMM data, the comprehensive operating rate of sampled brass rod enterprises in August was 42.63%, down 1.63 percentage points MoM and down 1.24 percentage points YoY. In August, the copper rod industry had yet to emerge from the traditional consumption off-season, while copper prices fluctuating at highs kept market pressure mounting. Industry prosperity continued to pull back, and production at enterprises remained under pressure.
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"High Prices and Off-Season Dampen Copper Billet Production in August; Modest Recovery Expected in September"
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"High Prices and Off-Season Dampen Copper Billet Production in August; Modest Recovery Expected in September"
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"High Prices and Off-Season Dampen Copper Billet Production in August; Modest Recovery Expected in September"
"High Prices and Off-Season Dampen Copper Billet Production in August; Modest Recovery Expected in September"
According to SMM data, the comprehensive operating rate of sampled brass billet enterprises stood at 42.63% in August, down 1.63 percentage points MoM and down 1.24 percentage points YoY.
57 mins ago
April 7 quotation of scrap copper in Guangdong - Shanghai Metals Market (SMM)