Copper rod plants using copper scrap as raw material stopped production
The average operating rate of copper rod plants using copper scrap was 31.76%, a drop of 17.44 percentage points from a week earlier, according to SMM survey of 15 plants with a capacity of 1.59 million mt/year.
Copper inventories in the domestic bonded zones increased
Copper inventories in the domestic bonded zones increased 3,000 mt from April 11 to 73,400 mt as of Thursday April 18, according to the latest SMM survey.
Copper futures prices broke through previous high amid falling US dollar
LME copper prices briefly surged and then fell back on the heels of the restrictions imposed by the UK and the US on Russian metals trading.
Two Giants Are Deeply Cooperating in The Field of Battery Recycling!
April 16th, according to the latest news, Volvo Car Group officially announced on their official Weibo account that they have signed a strategic cooperation memorandum with CATL. The two parties will deepen their cooperation in the field of battery recycling and closed-loop management.
Pilbara Minerals revenue declines in 1Q 2024
Australian lithium miner Pilbara Minerals announced today in their performance report for the first quarter of 2024