Latest news on China Copper Rod&Wire markets

Industry adjustment hits production at China's secondary copper processors

According to Mysteel, market news suggested that several regions in Jiangxi and Anhui may suspend tax rebates for secondary copper processing enterprises in September, prompting a widespread wait-and-see stance among enterprises. As a result, production in China's secondary copper processing sector

Copper rod demand to stay firm depending on copper price trends

Mysteel's survey covering 31 copper rod (refined and secondary included) enterprises in China with a total annual capacity of 6.01 million tonnes indicated that copper rod order volume was 11,400 tonnes on May 22, rising by 1,000 tonnes compared to the previous day. Among them, refined copper rod or

China's 2025 copper rod market to improve

In 2025, demand in China's refined copper rod market is expected to improve. Coupled with new and resumed capacities, overall supply may experience an increase. China's 2025 secondary copper rod market is likely to recover from the sluggish state in 2024, although expected output may not reach previ

2024 South China Copper Rod & Cable Industry Conference

Aiming to lead the high-quality development of the copper rod, wire & cable industry, the 2024 South China Copper Rod & Cable Industry Conference will be hosted by Mysteel and Guangdong Wire & Cable Association in Foshan, Guangdong Province, China on October 16, 2024.   The conference wi

China's May copper rod output restricted by exceedingly expected maintenance

In the first week after the May Day holiday, Shanghai Futures Exchange (SHFE) copper prices once dropped to below Yuan 80,000/tonne, with the lowest of Yuan 79,410/tonne on May 8. As the copper prices fell, the price of copper rods also decreased, stimulating enthusiasm in the market for inquiries a

China's May Cu imports dip 2.3%, Al exports up 7%

In May, China's imports of semi-finished copper products dipped 2.3% on month, equivalent to 10,000 tonnes, to reach 430,000 tonnes, according to the latest statistics released by China's General Administration of Customs on June 23. Conversely, China's exports of finished aluminum products rose by

China to ban some metal scrap imports from end-Dec

China will totally ban the imports of 16 waste solid materials for steel, nonferrous metals and plastics recycling starting December 31 and December 31 2019 respectively, according to the latest release from the newly-formed Ministry of Ecology and Environment on April 19.

Cu tube maker Golden Dragon bought by Wanzhou authority

Golden Dragon Precise Copper Tube Group Inc, a privately-owned precision copper tube producer in Central China's Henan province, has finally found a new investor - the Wanzhou government in Southwest China's Chongqing Municipality, thus ending its years of suffering from capital shortage, according

China's Cu rod producers cut output on LNG tightness

China's tightness in liquefied natural gas (LNG) supply has forced many domestic copper rod producers to further reduce their production, market sources shared on December 21.