China's refined copper surplus is expected to widen in 2014, on lower demand from the collateralized borrowing sector, as well as a slowdown in the domestic private sector's construction activities, Chinese industry experts said Thursday. ...
Tags: Refined Copper, Copper, Metallurgy
A fall in the value of China's currency against the dollar has increased the losses incurred by the country's copper importers in May, Chinese industry sources said Thursday. The US dollar was trading at Yuan 6.26 Thursday, compared with ...
Tags: Copper Importers, metals
Despite a recent recovery in London Metal Exchange copper prices, market analysts were still bearish this week on the metal's price for the rest of this year, based on factors such as a surge in supply and a weak Chinese construction ...
Tags: copper, copper prices
China imported 379,000 mt refined copper in February, down 29% from January but up 27% from February 2013, General Administration of Customs data released Monday showed. Industry analysts Tuesday attributed the month-on-month fall to ...
China's domestic copper cathode output is expected to rise 5.6% year on year to 6.6 million mt in 2014, an analyst from state-owned nonferrous metals information division Beijing Antaike said Wednesday. In 2013, China's output stood ...
Tags: scrap, copper cathode, Mineral
Copper cathode inventories at China's Shanghai Futures Stock Exchange warehouses rose for the eight straight week to 207,320 mt as of March 7, up 4.6% week on week, according to SHFE data released late Friday. SHFE copper cathode stocks ...
Tags: Copper Cathode, SHFE Warehouses
Prices of copper – the bedrock industrial metal and a benchmark for gauging the strength of the global economy – are likely to soften further in the coming year as production growth is expected to exceed that of consumption. ...
Tags: Softer Copper, Industrial Metal
China's copper industry reached a supply-demand balance this year, but an overcapacity situation will inevitably occur next year, said industrial experts. "The growth of China's consumption of refined copper will be lower than the ...
Tags: copper, metallurgy
Okay, let's start by talking about Cable & Wire Market in China. The gross output value of Chinese wire and cable industry has surpassed that in US, and China has become the No.1 wire and cable producing country in the world with great ...
China's refined copper imports are expected to continue rising in the coming months as international sellers increasingly turn to China amid an overhang in global supply, a Chinese industry source said last Friday. "Global copper supply ...
Tags: Copper, Metallurgy, Mineral
Due to port strike in Chile and India's main casting factory shut down, lead to transport delay, as a result, China's copper imports fell 7.4% in April 2013, to the lowest level in nearly 22 months. According to China's general ...
Tags: copper, Metallurgy, Mineral, Energy
Fitch Ratings forecasts that copper consumption will grow about 4% annually through 2014, based on a soft landing in China and a slow recovery in developed nations. European copper consumption is expected to remain depressed through this ...
Tags: Copper, Fitch Ratings, copper consumption
London copper rose more than 2% on Wednesday, headed for its biggest daily rise since mid-November, as the US Congress struck a deal to avert a fiscal disaster and upbeat China data indicating steady improvement in the world's top copper ...
Tags: London, copper, copper consumption, metal induatry
Fitch Ratings Director Jay Djemal said that Latin American Metals and Mining observed that higher operating costs remain entrenched. The report said that “Higher operating costs will continue in 2013 for metals and mining. Cost ...
Tags: metals, Mining, mining exports, copper miners
Reuters reported that Mexican copper output suffered its biggest single-month fall in two years in October and was down 4.7%from the same month a year ago,as slowing global demand affected production. According to data from INEGI,the ...