NBS: China copper semis output falls 9% MoM in April

China's production of copper semi-finished products and refined copper (electrolytic copper) both recorded on-month declines in April, new data released by the National Bureau of Statistics (NBS) show.

Copper semis output reached around 2.14 million tonnes last month, down 9.2% from March's 2.36 million tonnes, the data show. The monthly decline reflected weak demand from traditional end-user sectors such as home appliances and electronics, as well as ongoing structural adjustments within the industry, Mysteel Global noted. Still, April