ICSG Forecasts Global Copper Market Growth for 2024/25: What You Need to Know! скачать в хорошем качестве

ICSG Forecasts Global Copper Market Growth for 2024/25: What You Need to Know!

The International Copper Study Group (ICSG) has released its copper market forecast for 2024/2025. According to the latest analysis, global copper mine production is set to increase by 1.7% in 2024 and by 3.5% in 2025. Despite challenges like the closure of the Cobre Panama mine, expansions in other operations will boost copper output. Refined copper production is expected to jump by 4.24% in 2024, followed by slower growth in 2025. Meanwhile, global refined copper consumption is forecasted to rise by 2.2% in 2024 and 2.7% in 2025, with a slight decrease in China’s usage growth. The forecast shows a refined copper surplus of 469,000 tonnes in 2024, reducing to 194,000 tonnes in 2025. Stay updated on the latest copper market trends with insights from ICSG! Read Full article: https://www.scrapmonster.com/news/ics... #CopperMarket #ICSG #CopperForecast #MiningIndustry #RefinedCopper #GlobalEconomy #CopperProduction #CopperConsumption #MetalTrends #ScrapMetal #CobrePanama #CopperSupply #CopperDemand #IndustrialNews #CopperMining