China Copper Output Rises to Record on High Fees, Scrap Supplies

Copper production in China, the world’s largest user, climbed to a record in November as high treatment and refining fees encouraged smelters to process more material.

Refined-copper output rose 28 percent from a year earlier to 654,000 metric tons, according to data from the National Bureau of Statistics. That was 2.7 percent higher than the previous record of 637,000 tons a month earlier.