Economics
Copper Demand in China to Improve Next Year, Aurubis Says
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Copper demand in China, the world’s biggest user of the metal found in pipes and wires, is expected to improve next year as the economy recovers, according to Aurubis AG, the second-largest refined producer.
“China had a difficult year but when we look forward, we see the economic indicators are turning more positive,” Stefan Boel, a board member, said in a Bloomberg Television interview in Shanghai, where he’s attending a conference. The country will remain the dominant factor in the market, said Boel, who’s responsible for copper products at the Hamburg-based company.