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China’s Jan-Feb refined Copper production up 2.8% y/y

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BEIJING (Scrap Register): China’s refined copper production rose 2.8% on the year in the first two months of 2020, official data showed on Tuesday, but the daily rate fell more than 15% from December, as smelters reduced loads amid a coronavirus outbreak.

China, the world’s biggest copper consumer, churned out 1.527 million tonnes of the metal in January and February combined, the National Bureau of Statistics said.

China’s production of zinc, whose smelting also produces sulphuric acid, was up 12.9% on the year to 1.04 million tonnes in January and February combined, the bureau said, although daily output fell 11.5%.

Output of sister metal lead plunged 10.3% in January and February, while production of alumina, used to make aluminium, fell an even steeper 13%.

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