Metals News
Japan Oct Copper Cable Shipments -14.3% YoY
industry news

TOKYO, Nov. 20 -- Japanese copper wire and cable shipments amounted to an estimated 61,000 tonnes in October, down 14.3 percent from a year earlier, an industry body said on Friday.

    They were up from 57,984 tonnes in September, data provided by the Japanese Electric Wire and Cable Makers' Association showed.

    For a graphics on copper cable and wire shipments, and a breakdown of the top three industries click: here

    Japan's consumption of copper tumbled from late last year due to the sharp economic downturn which forced manufacturers such as automakers to cut output.

    Demand has returned, led by a recovery in the automobile and semiconductor sectors.

    Industry officials remain cautious about the outlook, however, as worries persist about the strength of Japan's economic recovery.

    (Source: Reuters)

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