In late 2019, copper wire and rod producer SDI LaFarga Copperworks announced plans to invest $16 million to expand its New Haven, Indiana, plant. The company, a joint venture between Steel Dynamics ...
Inventories of primary copper are rising, and some analysts say eager purchasing of copper scrap in China is one of the reasons. Copper inventories listed on the COMEX exchange hit a 13-year high in ...
Some US metal dealers are redirecting China-bound shipments of scrap copper through countries including Canada, Mexico and Vietnam in a risky move to avoid 10% import tariffs, according to people ...
BEIJING (Reuters) - As China tightens restrictions on imports of foreign waste, Chinese metal recyclers and even smelters like Jiangxi Copper Co are increasingly looking to use Southeast Asian ...
NEW YORK, March 11 (Reuters) - At least one U.S. scrap copper trader has suffered "large" losses after a buyer in China defaulted on a deal in the past week, one of the first signs that sinking prices ...
In recent weeks, copper has been stuck in a narrow range and is down about 15% from the record in May. Goldman analyst Adam Gillard suggests that a "surplus market" could pressure prices of the base ...