China copper smelters plan to cut output after margins fall
The output cuts underscore the industry’s struggle with a shortage of feedstocks caused by recent mine production setbacks.
BEIJING (XFN-ASIA) – China needs to shift its iron ore purchases from India to focus on more long-term contract sales, according to Liang Shuhe, deputy director of the department of foreign trade at the Ministry of Commerce….more at www.aasthocks.com