Switching off plants: Chinese copper smelters grapple with margin collapse
By Amy Lv and Lewis Jackson BEIJING (Reuters) – Major copper smelters across top consumer China have kicked off equipment maintenance in March, traditionally a peak demand period, in a bid to stem losses from a worsening feedstock shortage that is hammering margins, industry insiders said. Shutting down plants in what is traditionally one of the busiest times of the year highlights how much pain the scarcity of copper concentrate […]