Retail stocks of refined copper throughout China are expected to reach a peak of between 37-40 days after this year's nine-day Chinese New Year (CNY) holiday that commences on February 15, the results of a recent Mysteel survey suggest. This year's CNY celebrations will formally end on February 23,

Rio Tinto, one of the world's largest mining companies, confirmed on Thursday that it is no longer pursuing a potential merger or other forms of business combination with Switzerland-based mining giant Glencore.

The surge in prices of refined copper in China's market that has seen prices in the domestic spot market jump 21.50% between November 3 last year and January 30 to reach new record highs is delaying the settlement of long-term (LT) contract negotiations between the leading smelters and downstream co

China's 1# refined copper spot prices stood at Yuan 101,150/tonne on January 27, falling by Yuan 1,245/tonne compared with the previous trading day, according to Mysteel's assessment. Specifically, spot prices in Shanghai ranged between Yuan 101,150-101,810/tonne, averaging at Yuan 101,440/tonne. Th

China's 1# refined copper spot prices stood at Yuan 102,678/tonne on January 26, significantly rebounding by Yuan 1,974/tonne compared with the previous trading day, according to Mysteel's assessment. Specifically, spot prices in Shanghai ranged between Yuan 102,250-103,300/tonne, averaging at Yuan