WBMS: Global Refined Copper Supply Deficit Reached 75,900 mt in February, 58,500 mt in January-February

Published: Apr 17, 2025 08:40

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On Wednesday, April 16, the latest report from the World Bureau of Metal Statistics (WBMS) revealed that global refined copper production in February 2025 reached 2.3037 million mt, while consumption stood at 2.3796 million mt, resulting in a supply deficit of 75,900 mt.

From January to February 2025, global refined copper production totaled 4.6929 million mt, with consumption at 4.7514 million mt, leading to a supply deficit of 58,500 mt.

In February 2025, global copper concentrate production was 1.5428 million mt.

From January to February 2025, global copper concentrate production amounted to 3.1081 million mt.

To learn more about the dynamics of the copper industry chain, you are cordially invited to attend the CCIE 2025 SMM (20th) Copper Conference and Copper Industry Expo, hosted by SMM, which will be grandly held in Nanchang, Jiangxi Province from April 22 to 25, 2025. ~

Over 3,000 industry elites, representatives from upstream and downstream enterprises of the copper industry chain, government officials, industry associations, third-party equipment, logistics and warehousing, as well as experts from universities and research institutions will gather together. The conference covers mines, smelting, copper processing, trade, recycling, and end-use applications, encompassing the entire copper industry chain.

At the event, more than 100 exhibitors will showcase the latest achievements in copper processing and smelting equipment, high-quality raw material suppliers, and new-type copper-based materials, highlighting the innovation and vitality of the copper industry.

The conference features a variety of exciting activities: the main forum focuses on global copper market trends, raw material supply, policy impacts, and market outlooks. Sub-forums delve into industry hot topics such as electrical power transmission and distribution, secondary copper, copper-based new materials, hardware and plumbing, and ESS. During the conference, a two-day field trip will visit 12 representative enterprises in the copper industry, with a cumulative production of 1 million mt, to share cutting-edge technologies and valuable experiences, promoting the upgrading of the copper industry chain and driving high-quality industry development.

The CCIE 2025 SMM (20th) Copper Conference and Copper Industry Expo will help you grasp industry trends, expand your network, and explore business opportunities! SMM sincerely invites you to join us in Nanchang, Jiangxi Province from April 22 to 25, 2025, to gather in the new era of copper and jointly plan for new development!

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

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