ICSG: Refined Copper Market In 29,000-Ton Deficit In January-Shanghai Metals Market

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ICSG: Refined Copper Market In 29,000-Ton Deficit In January

Industry News 08:48:08AM May 02, 2012 Source:SMM

LONDON, May 01, 2012 (Dow Jones) -- The world refined copper market was in deficit by 29,000 metric tons in January, the International Copper Study Group said Tuesday.

In January, world refined usage grew 3.2% on-year to 1.721 million tons, the ICSG said. In comparison, world refined copper production grew 4.6% from a year earlier to 1.693 million tons, it said.

 

ICSG: Refined Copper Market In 29,000-Ton Deficit In January

Industry News 08:48:08AM May 02, 2012 Source:SMM

LONDON, May 01, 2012 (Dow Jones) -- The world refined copper market was in deficit by 29,000 metric tons in January, the International Copper Study Group said Tuesday.

In January, world refined usage grew 3.2% on-year to 1.721 million tons, the ICSG said. In comparison, world refined copper production grew 4.6% from a year earlier to 1.693 million tons, it said.