Day: November 15, 2017

China’s copper smelters insist no concentrate deficit after surprise Shanghai meeting

November 15, 2017

Chinas top copper smelters held an unscheduled meeting in Shanghai on Tuesday to reaffirm their position that there will be no shortage of copper concentrate supply in 2018 as the key contract renegotiation season hots up. The 10 companies on the China Smelters Purchase Team met to conduct a comprehensive and systematic analysis of supply and demand dynamics after their return from the recent London Metal Exchange gathering, an official within the group told Reuters.

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