SMM: this morning, the completion and commissioning ceremony of Jiangtong's new 220000-ton copper rod production line in North China and the unveiling ceremony of the QME designated settlement warehouse were held. Chen Yongyi, member of the standing Committee of the District CPC Committee and director of the United Front work Department of the District CPC Committee, and Hu Xuechun, deputy district mayor, attended.
At the ceremony, Chen Yongyi, on behalf of the district party committee and the district government, congratulated Jiang Copper on the completion and commissioning of the new 220000-ton copper rod production line in North China and the unveiling of the QME designated settlement warehouse. He said that the completion of the new copper rod production line marked the transformation of the Tianjin copper industry from traditional manufacturing to intelligent manufacturing, and at the same time, the establishment of the first QME designated settlement warehouse in the northern region. It is of great significance to promote our region and even Tianjin to become the production and trade center of copper products in northern China in the future.
According to reports, Jiang Copper's new 220000-ton copper rod production line in North China is an intelligent manufacturing system based on the industrial Internet, which can automatically monitor the process parameters of copper rod production process online, dynamically control raw material inventory, product sales and other business data, and view futures information online to realize a new intelligent manufacturing mode of copper rod processing industry. At the same time, the designated settlement warehouse established by the (QME) trading platform of Shenzhen Qianhai Joint Trading Center will realize the new mode of "near-acquisition and far-selling, take-as-you-go, and sell-as-you-go" mode for upstream and downstream enterprises of copper products, which can greatly improve the efficiency of the use of products.
"Click to sign up: 2020 Fifth China Electrotechnical Materials supply and demand Trade Summit
![[SMM Analysis] The "Counter-Cyclical" Logic of Copper Smelting: When Sulfuric Acid Becomes the Main Product](https://imgqn.smm.cn/production/admin/news/cn/thumb/cWPFD20180621153942.png?imageView2/1/w/176/h/110/q/100)
![BC Copper 2604 Closed Lower with a Wide Trading Range, Pressured by Both Geopolitics and Interest Rate Cut Expectations [SMM BC Copper Commentary]](https://imgqn.smm.cn/usercenter/pJSbE20251217171713.jpeg)
