Global refined copper market regains supply shortage

Global refined copper market regains supply shortage The International Copper Study Group recently announced that in May the global supply shortage of the refined copper market was 17,000 tons, ending the previous seven-month supply surplus; from January to May, the refined copper market had a surplus of 228,000 tons.

The global production of refined copper continues to grow steadily. China’s apparent demand for refined copper in May reached the highest level since December 2011, and the United States’ demand for refined copper reached its highest level since March 2012. The International Copper Research Group was founded in 1992 and headquartered in Lisbon, Portugal. It is an intergovernmental commodity organization dedicated to solving problems affecting copper production, use, and trade, with particular attention to issues such as market transparency, market access, and sustainable development.

Thread Rods

The stainless steel threaded rod is a metal part used for fixing, fastening and connecting. It usually consists of a threaded head, a threaded part and a cam tooth part. It has high strength and corrosion resistance, and is also called a flange bolt. Stainless steel threaded rods are used in a variety of architectural structures, including machinery, ships and aircraft, as well as equipment such as spacecraft and marine engines. They have the advantages of impact resistance, corrosion resistance, heat resistance and wear resistance, can better resist harsh environment and friction, and have a long service life and stability.

Thread Rods,Threaded Bar,Stainless Steel Threaded Rod,Stainless Threaded Rod

Taizhou Wanluo Hardware Products Co., Ltd. , https://www.wlhardware.com