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Copper smelting activity increases in July, but nickel drops

Mixed month for smelting activity as China wanes

Siobhan Lismore-Scott
Copper: custom and captive activity dispersion indices (7 day moving average) from Jul 2021 Source: Savant

Copper: custom and captive activity dispersion indices (7 day moving average) from Jul 2021 Source: Savant

SAVANT publishes a monthly activity dispersion index, which is a measure of capacity-weighted levels at smelter sites - and an inactive capacity index, which is more binary observations of whether a smelter...

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