copper imports fell in February due to a combination of poor
demand and the Chinese New Year holiday.
Imports of unwrought copper and
fabricated copper products totaled 298,102 tonnes, down 15.1
percent from the previous month and 38.5 percent lower than a
year earlier, according to preliminary customs data.
Premiums for copper shipped into
Shanghai have held steady at $40 to $70 per tonne thus far this
year, with deals remaining thin.
Copper scrap imports totaled 300,000 tonnes last month, down
21.1 percent from January and 25 percent below a year
A version of this article was first published by AMM sister
publication Metal Bulletin.