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Copper Scrap

China's aluminum industry originated in the north-east China in the 1950s. After more than 70 years of relentless efforts and struggles by several generations, it now stands proudly at the forefront of the world in many fields such as capacity, production, consumption, and R&D of new materials. To pay tribute to the predecessors and industry leaders who have made outstanding contributions to the development of China's aluminum industry

[US Fed Interest Rate Cut Expectations Weaken, US Dollar Index Rises, Copper Prices Open Lower] Macro-wise, US Fed's Goolsbee reiterated support for further interest rate cuts and expressed openness to acting at a slower pace. As the market expects fewer interest rate cuts by the US Fed next year, the US dollar index has rebounded, putting pressure on copper prices.

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