Last year, domestic short supply for electrolytic copper turned out to worsened seriously as the production couldn’t match with the consumption growth. According to the survey of International Copper Study Group, the supply condition of global copper resulted in the shortage of 52,000 tons in vie of the consumption quantity in November last year. The 1,000 tons surplus in the prior month faced the contrary in a month. The world electrolytic copper market occurred to the shortage of a total of 396,000 tons through November last year, making up a 40.4 percent expansion from the same period of 2017 faced 282,000 tons.
Source: Steel&Metal News |