[SMM Analysis: In Response to High-Quality Development of the Copper Industry, Multiple Departments Have Initiated Relevant Work]
Currently, various national departments have already begun relevant work. For instance, starting in March 2024, recycling resource utilisation enterprises across the country are being encouraged to apply for compliance with the regulatory requirements for the copper and aluminum scrap industry. As the year-end approaches, the Department of Energy Conservation and Comprehensive Utilisation of the Ministry of Industry and Information Technology (MIIT), in accordance with the management measures outlined in the "Regulatory Requirements for the Processing and Utilisation of Copper and Aluminum Scrap,"...
![China's Mainstream Regional Copper Social Inventory Flat WoW [SMM Weekly Data]](https://imgqn.smm.cn/usercenter/GfvuY20251217171708.jpg)
![Early-Month Demand Recovery Failed to Overcome High-Price Suppression, Shanghai Spot Copper Premiums Rose Then Fell [SMM Shanghai Spot Copper]](https://imgqn.smm.cn/usercenter/HhNHP20251217171708.jpg)
![Significant Inventory Increase and Weak Consumption Were the Main Causes, Spot Premiums Declined Notably [SMM South China Spot Copper]](https://imgqn.smm.cn/usercenter/HAuaN20251217171710.jpg)
