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China to slash copper output by 5%

Andrew Topf | November 29, 2015 | 5:13 pm Base Metals Asia China Copper 

Copper producers in China are taking drastic measures to arrest the plummeting price. On Saturday it was announced that nine large copper smelters will cut production by over 200,000 tonnes in 2016, which is around 5 percent of 2015 levels. The...

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