Copper Winding Earth 105 Times Shows Supply Lacking

Copper Winding Earth 105 Times Shows Supply Lacking

Carla Gottgens/Bloomberg

Copper piping is stored at the Highett Metal Pty Ltd. warehouse in the suburb of Braeside in Melbourne. China needs to import copper because domestic production of 6.541 million tons will fall short of demand by 2.168 million tons, Barclays Plc said in a Feb. 15 report.