In the upcoming 2025, we foresee that the global economy will face a series of complex and ever-changing challenges. With the US election settled, the uncertainty of global trade policies will further increase, presenting new issues for international trade cooperation. In the realm of geopolitics, ongoing conflicts and tensions show no significant signs of easing, posing not only a threat to global security but also having a significant impact on resource allocation and industrial layout. Against this macro backdrop, industrial relocation and supply chain restructuring have become key topics that we must closely monitor. At the industry level, the trend towards protectionism in mineral resources is on the rise, directly affecting the stability of global copper concentrate TCs. As global primary smelting capacity rapidly expands, the profit margins of copper smelters are being further squeezed, with the challenges facing the industry becoming increasingly severe. In the field of secondary copper raw materials, the advancement of environmental, social, and governance (ESG) standards and the "dual carbon" goals have significantly increased market attention on secondary copper. However, the "reverse invoicing" policy and the Fair Competition Regulations implemented in 2024 have had a profound impact on the secondary copper industry. Looking ahead to 2025, changes in the landscape of the secondary copper industry will have a critical impact on the entire copper industry chain. Additionally, as tax subsidies and other incentive measures are phased out, the space for copper cathode trade will further narrow. We expect that there will be a more pronounced differentiation in the procurement ratios of copper processing materials between traders and smelters.
Against this backdrop, SMM has meticulously prepared the "CCIE 2025SMM (20th) Copper Industry Conference and Expo," which will be grandly held in Nanchang, Jiangxi from April 22-25, 2025. Jinzhou Changcheng Technology Group Co., Ltd. will attend this conference in full regalia. We will keep pace with the times, aim at our goals, and forge ahead with courage and determination! Click the registration form to sign up immediately; we look forward to meeting you at the conference. Booth Number: C17
Jinzhou Changcheng Technology Group Co., Ltd., with its subsidiaries Jinzhou Great Wall Refractories Co., Ltd., Kunming Great Wall Refractories Co., Ltd., and Jinzhou Great Wall Smelting Technology Co., Ltd., is a comprehensive high-tech enterprise with independent intellectual property rights. The company mainly produces high-end SA spinel refractory materials. Its products have been widely and successfully applied in domestic and overseas non-ferrous metallurgy, ferrous metallurgy, building materials, petrochemicals, power, hazardous and solid waste treatment industries, and have been exported in bulk to countries and regions such as South Africa, Peru, DRC, Thailand, India, Iran, Indonesia, and Malaysia. The SA Great Wall series of spinel refractory materials, based on the different damage mechanisms of refractory materials in various parts of metallurgical equipment and the differences in the types, compositions, and properties of melts, are produced through adjusting the composition of refractory materials and various physical and chemical indicators. This results in a unique series of products with excellent resistance to chemical corrosion, high-temperature fluid erosion, and superior thermal shock resistance, with lifespans several times longer than those of conventional refractory materials. Our SA spinel products have been used in various furnaces for over 20 years. Based on a deep understanding of the production process characteristics and smelting mechanisms of various furnaces, we have developed a complete SA technology system that can provide users with overall solutions based on refractory materials, significantly improving the compatibility between product performance and working conditions. This highlights the personalization and functionality of the SA Great Wall series, bringing the service life of metallurgical equipment to world-advanced levels. In 2023, the company was awarded the title of Manufacturing Champion Enterprise by the organizing committee of the 8th China Manufacturing Power Forum. Application cases include top-blowing equipment at manufacturers in Tongling, Anhui, and Daye, Hubei, which, without water jacket protection, have been in continuous use for four years, setting a world-class benchmark. Contact Information: Jing Qian: 18988403307 SMM Conference Contact: Yizhe Huang 13958992666 huangyizhe@smm.cn