China’s Q1 Cu concs imports slip 0.5% on year
Apr 14, 2020 17:00
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China’s imports of copper concentrates and ores dipped 0.5% on year to 5.5 million tonnes during January to March, according to the latest data from China’s General Administration of Customs released on Tuesday. For the first two months, China’s copper concentrates and ores imports declined by 1% on year.
The on-year declines reflected the reduced availability of copper ores and concs from global miners that has persisted since the beginning of last year, Mysteel Global learned. China must import over 75% of its annual requirement of copper raw materials. During this year’s January-March period, the total value of China’s