China's second-quarter refined copper imports set to rise on demand pull

From miningweekly.com

China's imports of refined copper are set to rise in the second quarter of this year, driven by strong demand and potentially lower domestic output because of smelter maintenance, analysts and traders said. Copper demand in the world's biggest consumer of the metal used in power lines and for wiring in electric vehicles has gained momentum thanks to expanding grid investment and growing EV sales, analysts said. Higher Chinese imports could support benchmark prices that on Friday climbed to their highest since January 29, when they hit a record $14 527.50. Chinese power grid investments from January to March rose by ... (full story)