China copper inventories near 4-yr high as supply swamps virus-hit demand; steel stocks build slows

China copper inventories near 4-yr high as supply swamps virus-hit demand; steel stocks build slows

Chinese steel stocks, meanwhile, remain at record highs, although the pace of the build has slowed. Inventories of copper climbed by 34,959 tonnes from the previous week to 380,065 tonnes, the …