SMM data showed that China’s copper cathode output stood at 970,000 mt in April 2023, up 18,600 mt or 2% from the previous month and 17.2% from the same period in 2022.
China s Metals Output in March | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
The operating rates across smelters of secondary lead in four provinces (Jiangsu, Anhui, Henan and Guizhou) averaged 44.53% last week, down 1.31 percentage points from the previous week.
SMM data showed that China' s copper cathode output stood at 951,400 mt in March, up 43,600 mt or 4.8% from the previous month and 12.1% from the same period in 2022.
Recently, China has ushered in extremely high temperature weather in summer and peak electricity consumption of residents. The industrial production has also been affected to varying degrees amid frequent high temperature alerts in provinces like Sichuan, Anhui, and Hunan.