China copper downstream activity expanded in Nov

Activity across Chinese copper downstream industries unexpectedly expanded for a third straight month in November, as the upcoming shopping season and the rush to fulfill annual production targets prompted companies to step up operations.

A slowdown in new orders growth, however, grows concerns about future consumption.

The latest SMM survey showed that the purchasing managers’ index (PMI) across construction, power, electronics, transport and home appliance sectors in China inched up to…

View entirety: SMM