China’s underlying demand for refined copper will grow by
only 4% in 2012, compared with apparent growth of 9%, according to the
International Wrought Copper Council (IWCC).
The copper fabricators’ trade association expects China’s apparent demand to
reach 8.65 million tonnes in 2012, but about 575,000 tonnes of this total will
not have been used in semis production and is held as private stock, it said on
Wednesday October 31
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