Steel News

We strive to let you one step ahead of the market.

China’s copper imports decrease in May y-o-y

7 Jun 2023 14:35 reported by Ivy Wei

A A A
In May, China’s copper imports decreased by 4.6% from the same month a year ago. The uncertain economic recovery made China’s consumers decrease their buying demand, while domestic production was still high. In the first five months of this year, China imported copper with 2.14 million tons, decreasing by 11% from the corresponding period last year.

In May, China’s cable and wire production was strong after China’s authority increased its investment in the power sector, which improved copper consumption. However, the output of copper tube, rod, and foil was slow.

Back to Steel News

Related News

Rio Tinto to build solar farms on Gove Peninsula for sustainable power post-mining

  • Raw material
  • 12 Jul 2024 16:30

Five major steel products inventories decline, iron ore price rebounds on Jul 11

  • Raw material
  • 12 Jul 2024 16:03

Goldman Sachs maintains iron ore price forecast

  • Raw material
  • 12 Jul 2024 15:44

Iron ore price rebounds on Jul 9 as economic outlook improved & policy expectations rise

  • Raw material
  • 10 Jul 2024 16:05

Brazil's pig iron exports drop in Jun m-o-m

  • Raw material
  • 10 Jul 2024 15:54

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,902.00
  • 2,967.00
  • Aluminum
  • 2,428.00
  • 2,490.00
  • Copper
  • 9,693.00
  • 9,855.00
  • Nickel
  • 16,625.00
  • 16,945.00

Learn more

Coil Exchange Center

  • 2B Coil-Aug
  • 0
  • 0
  • NO1 Coil-Aug
  • 0
  • 0
  • 2B Coil-Aug
  • 0
  • 0
  • NO1 Coil-Aug
  • 0
  • 0

Learn more