China copper smelters bracing for shortage of vital scrap metal
Around 30% of China’s refined copper production used scrap metal as a feedstock in 2023.
In the past month, the popular SPDR Gold Trust (GLD) has seen its net asset value drop nearly 14%. Along those same lines, the iShares Silver Trust (SLV) has fallen around 24%. And the broad PowerShares DB Commodity Index Fund (DBC), which tracks…
