Shandong Hong Ye Metal Material CO.,LTD. Founded in 2018, which is a large enterprise integrating production of copper and copper alloy products , sales and logistics, with long-term inventory of 5000 tons-10,000 tons, the metal material including pure copper, lead brass, tin bronze, aluminum bronze, phosphorus bronze; product shape including tubing, bus bar, strip, rod, fittings, etc. The product is widely used in various fields of the national economy, such as aviation, aerospace, shipbuilding, metallurgy, electronics, electromechanical, textile, transportation, construction, chemical, light industry, energy, etc.

The dollar index retreated and copper prices strengthened in the short term.

China Nonferrous Metal Processing Industry Association and Antaike jointly released data on February 28, 2024, China's comprehensive output of copper processing materials is 21.25 million tons, an increase of 1.9% over the previous year.