This Morning in Metals: China’s Aluminum Production Falls in August
This morning in metals news, China’s aluminum production dipped in August compared with the previous month, China plans to bring its first domestically developed sources of medical cobalt-60 to the market and copper prices are down.
China Aluminum Production Falls
China’s August aluminum production fell compared with the previous month, Reuters reported.
The country saw its aluminum production fall 0.5% compared with July production, down to approximately 2.97 million tons, according to Reuters.
Sources of Cobalt-60 to Go to Market
China plans on bringing its first domestically developed sources of medical cobalt-60 to the market, state news agency Xinhua reported.
According to Xinhua, the cobalt-60 will be used to produce gamma knives used for cancer treatment.
Copper Prices Fall
Impacted by a slowdown in Chinese industrial activity, copper prices fell to start the week, Reuters reported.
Three-month LME copper slipped 1.5% down to $5,887 per ton.
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