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Copper: the Chinese government imposes controls on the opening of new smelters - Economic Scenarios

Summary by Vogon Today

Throughout 2024, China worked to rein in its fast-growing copper smelters, which were reducing profit margins in a booming copper market. Now, China has issued new, stricter regulations for the construction of new copper smelters. The move aims to keep excess capacity under control. However, this is a slowdown rather than a complete halt in the development of copper smelting. China is currently the world's largest producer of refined copper and …

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Copper: the Chinese government imposes controls on the opening of new smelters - Economic Scenarios

Throughout 2024, China worked to rein in its fast-growing copper smelters, which were reducing profit margins in a booming copper market. Now, China has issued new, stricter regulations for the construction of new copper smelters. The move aims to keep excess capacity under control. However, this is a slowdown rather than a complete halt in the development of copper smelting. China is currently the world's largest producer of refined copper and …

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Vogon Today broke the news in 10 hours ago on Wednesday, February 26, 2025.

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