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China's Non-Ferrous Metals Curbs Spark Price Surge

9/30/2025

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Summary

Story summary

China imposes production curbs in non-ferrous metals to boost efficiency.
Ministry of Industry and Information Technology (MIIT) projects 1.5% growth in non-ferrous metals output in 2025, down from 4.3%.
The plan targets 'involution' by optimizing industrial structure, not expanding output.
Beijing will boost recycling and develop ultra-pure metals and rare earth materials.
Copper prices rose 1.1% to $10,268.50 per ton.

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Story summary

China imposes production curbs in non-ferrous metals to boost efficiency.
Ministry of Industry and Information Technology (MIIT) projects 1.5% growth in non-ferrous metals output in 2025, down from 4.3%.
The plan targets 'involution' by optimizing industrial structure, not expanding output.
Beijing will boost recycling and develop ultra-pure metals and rare earth materials.
Copper prices rose 1.1% to $10,268.50 per ton.