Copper

China to cut import tariffs on some recycled copper and aluminium raw materials
China to cut import tariffs on some recycled copper and aluminium raw materials
December 28, 2024
CHINA will reduce import tariffs on ethane and certain recycled copper and aluminium raw materials from next year, the government said on Saturday (Dec 28).The Ministry of Finance announced...
Volatility could roil base metal markets in 2025; analysts favour copper, tin amid energy transition
Volatility could roil base metal markets in 2025; analysts favour copper, tin amid energy transition
December 11, 2024
Potential headwinds include stronger US dollar, escalating trade tensions and China’s economic momentumBASE metal prices have been lifted this year by robust market fundamentals and a rise in green...
Many China copper traders halt US scrap imports on tariff fears
Many China copper traders halt US scrap imports on tariff fears
December 3, 2024
MANY Chinese metal importers have stopped buying US copper scrap in anticipation of tariffs being imposed when Donald Trump assumes the presidency, according to Beijing Antaike Information Development.The purchases...
Many China copper traders halt US scrap imports on tariff fears
Indonesia leader inaugurates miner Amman Mineral’s 21 trillion rupiah copper smelter
September 23, 2024
INDONESIAN President Joko “Jokowi” Widodo inaugurated Amman Mineral Internasional’s 21 trillion rupiah (S$1.8 billion) copper smelter in the West Nusa Tenggara province on Monday (Sep 23) saying he wanted...
Chinese copper exports fall from record as local demand rebounds
Chinese copper exports fall from record as local demand rebounds
August 19, 2024
CHINESE copper exports dropped last month from an all-time high, as domestic buyers took advantage of the metal’s rapid retreat in price.Exports of unwrought copper and products fell 40...
Freeport Indonesia secures copper concentrate export permit
Freeport Indonesia secures copper concentrate export permit
July 3, 2024
COPPER miner Freeport Indonesia has secured an export permit for copper concentrate for the rest of year, spokesperson Agung Laksamana said on Wednesday (Jul 3), without elaborating on the...
Record copper prices likely to pause US scrap shipments to China
Record copper prices likely to pause US scrap shipments to China
June 17, 2024
CHINA’S copper scrap imports have soared due to shortages of concentrate that is processed into refined metal used in the power and construction industries, but record-high prices mean US...
Forget copper and gold as steelmaking raw material outperforms
Forget copper and gold as steelmaking raw material outperforms
June 12, 2024
Manganese, an essential steelmaking ingredient, has outstripped copper, gold and many other commodities this year after a cyclone halted exports from the world’s second-largest mine in March.Prices of 44...
Many China copper traders halt US scrap imports on tariff fears
Freeport Indonesia says yet to receive copper concentrate export permit extension
June 3, 2024
COPPER miner Freeport Indonesia has not yet received a copper concentrate export permit extension from Indonesia’s government, the company’s spokesperson said on Monday (Jun 3).Freeport’s previous permit was valid...
Many China copper traders halt US scrap imports on tariff fears
China defies global copper squeeze with near-record production
May 27, 2024
THE global copper market is gripped by fears of a shortage, which has propelled prices to record levels and sparked a US$49 billion takeover battle. But in China, the...