Small China copper smelters shut as big get bigger: satellite data

  • 📰 Reuters
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Large copper smelters in China are boosting output and taking market share from smaller ones that are closing, data from satellite surveillance of copper plants showed.

FILE PHOTO: Copper cathodes are seen inside a warehouse near Yangshan Deep Water Port, south of Shanghai March 23, 2012. REUTERS/Carlos Barria

“It seems clear that operating margins are being pressured by rising input prices in China which is forcing some smelters out of the market,” said Guy Wolf, global head of analytics at Marex, which helped develop SAVANT. Earth-i, which specialises in geospatial data, launched its SAVANT service late last year, tracking more than 100 smelters representing 80%-to-90% of global production.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MopaZambrano NO PUBLIQUEN NADA CHINO, POR FAVOR, BASTA DE CORRUPCIÓN,

Interesting change,the government should support those running the business at lower level.

That’s means better energy efficiency and operational efficiency. Which is better for the environment and economies of scale

Hey askin for help is anyone willing to donate a $1 to my sister, nephew & I, I lost both my jobs due to COVID I filed for unemployment but waitin for the benefit and we dont have any food & bills comin up if you can help we would be super grateful Venmo or Cashapp MattMartins147

China robbed that copper from Africa

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Op-ed: Strong cybersecurity strategy is no longer a luxury for small businessesWhile businesses across the country prepare to welcome back their customers, hackers and cyber criminals are actively infiltrating and exploiting small business databases, writes Sen. Jim Risch, R-Idaho. SenatorRisch Risch is preparing for a “post Covid era” while COVID19 is spiraling out of control and he does nothing. Distract and use fear - right out of his master’s playbook. SenatorRisch Bye, Jim. idpol SenatorRisch Great, so impeach those fools in the White House and his Orange cabinet!
Source: CNBC - 🏆 12. / 72 Read more »

TikTok's new offering for small advertisers could help it lure them from FacebookTikTok has officially opened up its 'self-serve' platform that lets companies buy and manage ad campaigns directly, a move to lure the ad dollars of small and medium-sized businesses.
Source: CNBC - 🏆 12. / 72 Read more »

Fetal coronavirus infection is possible, small study suggestsHowever, fetal infections are likely rare.
Source: NBCNewsHealth - 🏆 707. / 51 Read more »

Here’s how small businesses threatened by COVID-19 are surviving the pandemicSalons, restaurants, florists and fitness instructors, among others, are creatively adjusting to the new realities of the coronavirus economy, pivoting to bringing parts of their business online. A Korean underground band. Three guys sing a song Sweet Caroline having kimchi soup & soju -Korean alchol- Have a fun! Funny, how small businesses are finding out new & innovated ways to adjust to weather the crisis, but Billion $$$ corporate businesses, rush for financial aid, without even trying. If the BCBs gobbled up the $$$ aid & laid off employees, then who got the 💵💰💵?
Source: ABC - 🏆 471. / 51 Read more »

Google shuts down cloud project, says no plan to offer cloud services in ChinaAlphabet Inc's Google said on Wednesday it has shut down its cloud project named 'Isolated Region' and added that it was not weighing options to offer its cloud platform in China. Google is not very different from China. They've been dictating what gets searched or ranking in their search engine for years. US should ban Chinese cloud providers For China, the cloud is an outdated technology.
Source: Reuters - 🏆 2. / 97 Read more »

Google scraps cloud project in China and other 'sensitive markets': Bloomberg NewsAlphabet Inc's Google has scrapped plans to provide a major new cloud service in China and other politically sensitive countries, partly due to rising geopolitical tensions and the pandemic, Bloomberg News reported on Wednesday, citing two employees familiar with the matter. NetWrx Good. China is the terrorists now.
Source: Reuters - 🏆 2. / 97 Read more »