China’s copper output threatens to crowd out the rest of the world

Quick Summary:

Chinese copper smelters are facing pressure to rein in an expansion that’s pounding the industry’s profitability.

The viability of plants across the globe may be at stake.

It’s a familiar refrain across Chinese industries, from steel to solar and EVs, which are grappling with the effects of overcapacity while at the same time attempting to protect jobs and targets for economic growth.

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Article Details

Author / Journalist: Bloomberg News

Category: BusinessStartups

Markets: PhilippinesChileChinaIndiaIndonesia

Topics: Chinese China Plants Smelters Expansion Year Industry Production According Metals Copper

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-16 @ 16:06:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 744 words

Reading Time: 5 minutes read

Sentences: 37 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23616288

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 16 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 13 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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