Copper usage seen rising:

Print this page Posted on : 03-30-2007 by recycleinme.com

A top industry analyst says that in China and India will remain the world’s biggest copper consumers and their use of red metals could rise by as much as 10 percent per year from 2020. Mr. Jon Barnes an adviser with the CRU consultancy group, said that the copper consumption could grow at a similar rate countries such as Bulgaria, Egypt, the United Arab Emirates, Indonesia, Russia, and Ukraine. Mr. Barnes told to reuters That “ if we say the world average is 3 percent per year the copper consumption in those countries is going to be growing more, two-or three times, may be 6 or 10 percent.

Source : Business Line