SMM Forecast of Copper Semis Import and Export in March_SMM | Shanghai Non ferrous Metals
Looking forward to March, domestic consumption has entered the peak season.
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Looking forward to March, domestic consumption has entered the peak season.
SHANGHAI, Mar 16 (SMM) – The import window looks unlikely to open in March.
In the short term, Indonesia will ban the export of bauxite in June. At the same time, alumina plants in the areas were costs are high have reduced imported ore purchases to control cost.
SMM statistics showed that the global iron ore shipments totalled 31.45 million mt in the week ending March 10, an increase of 1.9% week-on-week.
SMM statistics showed that China’s steel product port shipments under domestic trade totalled 5.51 million mt in the week of March 4-10, down 1% week-on-week.