Unwrought copper and copper-fabricated products imports also climbed to the highest since March as more demand shifted from scrap to refined copper amid the country’s tightening waste import measures.
China imported 1.47 million tonnes of copper ore and concentrates in September, the highest since March, when 1.63 million tonnes was brought into the county. September’s volumes were 2% higher month on month and 6% higher year on year, according to preliminary customs data released on Friday October 13.
Higher imports of concentrates were driven by stockpiling demand from smelters preparing for the annual treatment and refining charge (TC/RC)...