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Category Hardware
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Created 2018-01-22
Owner sbmcrusher
Title China Sept copper output robust on tight scrap supplies
Description Chinese copper production matched its second-highest level this year in September as tight scrap supplies and favorable export policies encouraged smelters to keep output high, although primary aluminum output dropped from a record high in August. Metal demand in China, the world’s top consumer and producer of copper, aluminum, lead, zinc, nickel and tin, has fallen this year after economic activity slowed in global markets. But hopes that appetite will rebound in the fourth quarter and early next year on the back more infrastructure spending have encouraged miners and smelters to ramp up production. Refined copper output rose 4.3 percent from a year ago to 511,000 tons in September, unchanged from August. Chinese refined copper output has remained at a high level this year partly due to the tightness of copper scrap, and partly due to expectations of downstream demand lifting in the fourth quarter on more infrastructure spending and further monetary easing by Beijing, said CIFCO Futures analyst Zhou Jibe. Also, now that a lot of smelters can export their output cheaply under the tolling tax cut, they are inclined to produce more. Chinas copper smelters are hoping to increase refined copper exports following a tax adjustment that has reduced their costs to export. Shanghai Oriental Heavy Industry machinery Co,.Ltd is a high-tech enterprise, which is specializing in the research, development, and manufacture of industrial stone crushing screening equipment’s, ultrafine mill, mining equipment’s and so on. Our company has already formed a full set of modern production line, equipped with intelligent and standardized testing, controlling laboratories, and owned a professional team of R D, production, sales and service. So far, we have established a whole production chain, of which main products cover stone crushing screening equipment’s: Jaw Crusher, Cone Crusher, Impact Crusher, Vertical Impact Crusher, Hammer Crusher, Vibrating Feeder, Oscillating Screen, Sand Washer, Belt Conveyor and Grinding Machinery: Raymond Mill, High-pressure Suspension Mill, Ultrafine and Roller Mill, Ball mill and so on. They are widely used in the industry of mining, construction materials, chemicals, metallurgies, transportation, hydraulic engineering and so on. Our products are not only renowned in more than 20 provinces and cities in domestic markets, but also have being sold popularly in more than 120 countries and areas all over the world like Eastern Europe, Middle East, Africa, South Asia, Southeast Asia, Oceania, and Central and South America etc.
Type Pc
Promotion level None