New arrivals

07/24/2024   Nickel In...
07/19/2024   Rare Eart...
07/18/2024   MIRU-MRAI...
07/09/2024   May2024 L...
07/09/2024   May 2024 ...
07/05/2024   Rare Eart...
07/04/2024   ILUKA dec...
07/04/2024   ILUKA RES...
07/02/2024   Plastic R...
06/24/2024   REIA, JOG...
06/21/2024   REIA, JOG...
06/21/2024   Rare Eart...
06/19/2024   On-Site I...
06/10/2024   Rare Eart...
06/08/2024   6/19-20 M...
06/07/2024   Analysis ...
06/06/2024   Analysis ...
06/06/2024   Rare Eart...
05/24/2024   Analysis ...
05/24/2024   Statistic...

Copper Scrap Market⑦ The sense of oversupply of copper scrap has become even clearer--inventories are building up

 The oversupply in the copper scrap market has become even clearer. Although the occurrence of copper scrap continues to be low, the slump in actual demand is also serious, and inventories are building up throughout the supply chain. As China, the largest consumer of copper, has announced stock price measures, and the LME(cash) and Copper Japan Quote(JXmetals) have been firm, reflecting these measures, the scrap market price itself is showing a gradual strengthening trend. How long this price movement, which deviates from the actual supply-demand situation, will continue is now emerging as the focus for the immediate future.
This article is for members only. You can read the rest after application confirmation.

Register now Login

Related articles

Read more related articles...