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US copper & zinc demand likely to rise on recovery in housing market: Barclays

Posted on 05 February 2013

Copper and zinc demand in United States is expected to witness an up-tick trend in 2013-14 as a result of ongoing recovery in the US housing market. Improvement in the US housing market and recovery in global economy could boost demand for base metals, stated a recent market outlook by London based Barclays.
According to the 2013-14 US housing market outlook, housing starts would average 1mn units in 2013 and 1.2mn in 2014. This robust recovery trend in US construction activity would likely benefit copper and zinc……………………………………..Full Article: Source


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