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Saturday, February 10, 2018 - 12:55:57 AM
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Mining News Agency -Global apparent refined copper usage is estimated to have increased modestly by 0.2% during the first ten months of 2017. Improved scrap supply is constraining world refined copper usage growth globally in 2017, according to the International Copper Study Group (ICSG).
Mining News -Preliminary data indicates that world ex-China usage increased by 0.4%; however Chinese apparent usage (currently representing almost 50% of world refined usage) remained essentially unchanged.
Chinese apparent usage (excluding changes in unreported stocks) also remained more or le ss unchanged as al though refined copper production increased by 5%, net imports of refined copper declined by 11%.
Among other major copper using countries, usage increased in India and Japan but declined in the United States, Germany and South Korea.
- Copper
- Source: mining-bulletin.com
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https://www.miningnews.ir/En/News/116692
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