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China copper scrap supply still tight, suppliers

November 04, 2009 - 05:16 GMT Location: Guangzhou

KEYWORDS: copper scrap , base metals , China

China's copper scrap market remains tight and any talk of a rebound in supply is "nonsense", said delegates at the 9th Secondary Metals International Forum in Guangzhou.

This is is despite customs data that copper scrap imports have rebounded from below 300,000 tonnes in June to 411,696 tonnes in September, up 4% month-on-month, said delegates at the forum held by China Nonferrous Metals Assn (CNIA). "I do not believe the customs figures at all, given that we have not sold copper...

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