Chinese Steel Export Impacted by Low Priced Overseas Cargos

BEIJING, Apr. 17 -- China's refined copper production is expected to rise about 6 percent to more than 4 million tonnes in 2009, the official Shanghai Securities News said on Thursday, citing an executive in the industry group.
&nbsp;&nbsp;&nbsp; The growth was due to capacity expansion including a 300,000-tonne project run by Jiangxi Copper, China's largest smelter, the newspaper cited the China Nonferrous Metals Industry Association executive as saying.
&nbsp;&nbsp;&nbsp; China's reliance on imported copper concentrate increased as the growth of domestic ore production lagged behind smelting capacity expansion, the executive said.
&nbsp;&nbsp;&nbsp; (Source: Reuters)