| World copper markets will probably turn into surplus in 2013, a latest report by the International Copper Study Group (ICSG) states. Copper has been in deficit for 2011.
As per the ICSG, refined copper production growth is estimated to be at a lower 2.5% compared to mine production growth of 5.1%. The lower refined copper production is expected to be the result of a shortage of copper concentrate. As the availability of concentrate increases, refined copper production is seen to grow by 6.9% in 2013...............................................Full Article: Source
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