Category: Copper
The analysis published under this category are as follows.Thursday, November 08, 2012
Is Copper a Strategic Metal? / Commodities / Copper
If your country’s main goal is to develop long term electrical infrastructure and distribution, then yes, Copper is certainly a strategic metal. However, as a reflection of the sluggish economy, Copper dropped to a low of $7,930 per metric ton on the London Metal Exchange (LME). And the International Copper Study Group (ICSG) predicts that, despite the slowdown, the world demand for refined copper in 2012 will exceed supply by around 400,000 metric tons making it the third consecutive year of production deficit.
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