China’s Copper Scrap Imports Decreased in April

Published: Jun 26, 2023 14:41
According to customs data, China’s copper scrap imports stood at 145,400 mt in physical content in April, down 18.14% MoM and up 7.42% YoY, because the companies were bearish on the end demand.

According to customs data, China’s copper scrap imports stood at 145,400 mt in physical content in April, down 18.14% MoM and up 7.42% YoY, because the companies were bearish on the end demand.

SMM presumes that in the near term, copper scrap imports will still decrease due to poor end consumption, even though the import losses have shrunk in the past two months.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn