The proportion of scrap copper to total

As a result, some producers surveyed by SMM have suspended production. But this boosted orders at those producers still in operation. Downstream buyers purchased in limited amounts as copper prices fell during November. In addition, liquidity remains tight and loans will come due for repayment by the end of the year. Although these factors may not significantly affect sales of copper plate, sheet, strip, and foil this month, producers may come under increasing pressure in December and adjust production plans for the last month of the year. SMM expects the average operating rate at copper plate, sheet, strip, and foil producers in November to remain close to 62%, probably at 62.14%. It was also found in the survey that average ratio of raw materials to finished goods at the surveyed enterprises dropped 2% to 20.56% in October. As refined copper supply remained ample, copper semis producers lowered input stocks to control cost, only purchasing spot goods based on production needs. Given tight liquidity by year's end and bearish mood towards copper market outlook, copper semis producers will unlikely build considerable input stocks. The proportion of scrap copper to total raw materials consumption of copper plate, sheet, strip, and foil producers fell from 20% to 16.17% during October. The price gap between scrap copper and refined copper continued to narrow in October to about 500 yuan per tonne after copper prices fell below 52,000 yuan per tonne. Lower prices dampened selling interest at some scrap copper sellers, which limited supply of scrap copper and lowered scrap copper consumption at copper plate, sheet, strip, and foil producers. Unless you're wealthy, you sense the economy remains as precarious as an egg on a slanted counter top.Americans are raised to believe that all one needs do to succeed is keep the nose to the grindstone; if you fall behind, it's because you're not working hard enough.The economy is supposedly improving. For the wealthy, it never dipped, only rose. But down at the grindstone, we're still getting grit in our faces. Others long to even be at the grindstone.We don't talk about it in polite company, so you may not know that your neighbor or the person next to you at church is struggling to keep food on the table.The stereotype of poor people as lazy or feeling entitled applies to very few and makes admitting need even more painful for others. Jobs have been lost, hours cut, pay cut. Some are supporting grown children, parents or others.