Tight Supply Keeps Overseas Copper Scrap Payabilities Elevated

Copper prices continued to shoot up, and spot discounts in North China widened further [SMM North China Copper Spot]

Copper Prices Hit New High, Downstream Procurement Sluggish, Yet Suppliers Hold Prices Firm to Sell [SMM South China Copper Spot]

In July, China’s imports of copper concentrates rose 1.88% MoM but fell 6.93% YoY.

Copper prices shot up, suppressing orders, and copper cathode rod operating rates continued to pull back [SMM Copper Cathode Rod Weekly Review]