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.
* Copper hits two-month high * Copper stocks fall for sixth session (Updates after U.S. data) By Melanie Burton LONDON, June 30 (Reuters) – Copper h it its highest in two months on Thursday , supported by investors’ greater appetite for risky assets