China Lithium Market Dynamics & Lithium Procurement Study

China Lithium Market Dynamics and Lithium Procurement Study

Battery Recycling Technology Understanding

Solid State Battery Market

   China Scrap Steel Quality Analysis 

China Scrap Steel Cost Curve

NewsFlash

Scraps & Secondary

SMM Cu Survey: Operating Rates Up Slightly at Domestic Copper Plate, Sheet, Strip and Foil Producers

Li-ion Battery Americas 2024

CLNB 2024 9TH CHINA NEW ENERGY EXPO

Indonesia Nickel & Cobalt & EV Industry Conference 2024

ASEAN Tin Industry Conference 2024

ASEAN Coal Industry Conference 2024

ASEAN Aluminium Industry Conference 2024

2024 ASEAN Automotive Supply Chain

2024 Global Renewable Metal Industry Chain Summit

2nd Li-ion Battery Europe 2024

NET ZERO EUROPE - Solar & Energy Storage Summit

SMM Weekly Review and Forecast (Mar.21-Mar.25)

SHANGHAI, Mar. 28 (SMM) &ndash; A recent SMM survey of 16 major domestic copper plate, sheet, strip and foil producers (total capacity: 811 kt/yr) revealed the following insights:
1) Operating Rates Up Slightly 
According to the SMM survey, the average operating rate at the 16 producers was 58.2% in March, up 4.3% from February&rsquo;s 53.9%. The improvement was less than producers&rsquo; expectations and a result of a number of reasons. Some end-users, especially producers of decoration products and hardware accessories, are using copper substitutes, reducing demand for copper. Other producers are also facing cash flow pressures, which is negatively affecting operating rates.&nbsp;&nbsp;
2) Raw Material Inventories Up 
Based on the survey, raw material inventories were 36.2% of production in March, up 8% from February&rsquo;s 28.5%. The significant increases in raw material inventories were due mainly to stock replenishment by producers when copper prices fell below RMB 70,000/mt. The surveyed producers also told SMM they were not interest in purchasing as copper prices returned to RMB 72,000-73,000/mt, choosing to consume existing inventories instead. The producers say they will purchases again if copper prices fall below RMB 70,000/mt.&nbsp;&nbsp;&nbsp;&nbsp; 
&nbsp; 
&nbsp;
Copyright &copy; SMM. All Rights Reserved
None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: <a href="mailto:service.en@smm.cn">service.en@smm.cn</a>

China Cu Apparent Consumption Data Analysis in February 2011 

  | Shanghai Non ferrous Metals

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit