Industry Analysis & Industry Trends
Copper prices increased dramatically during the first half of 2011, under the loose monetary policy and depreciation of US dollars, and declined sharply in the third quarter with the concerns of slowdown of economic growth and debt crisis in Europe. However, with steadily increasing copper consumption in China and enhancing average copper prices during the year, industry revenue is expected to soar by 40% in 2011.
With improving economic conditions in China and around the world, China's Copper Smelting industry rebounded strongly in 2010 with industry revenue growth of 48.2% to $67.72 billion, and with strong pricing increases.... purchase to read more
Industry Report - Industry Products Chapter
Mineral copper
Of all copper produced, about 66.4% of domestic copper output was estimated to be from copper mines in 2011. Copper extracted from copper ore is usually produced through thermo-metallurgy, by electrolyzation. Although copper can be recovered from copper scrap, it is a nonrenewable resource that will continue to diminish. Therefore, many companies in this industry either seek to acquire mineral resources via imports, or to increase their production of secondary copper.
Secondary copper
Roughly 32.7% of the domestic copper output is estimated to be from recovered or secondary copper in 2011, which has been increasing in recent years. Copper extracted from copper scrap is also usually produced through thermo-metallurgy, by electrolyzation... purchase to read more