20.02.2009 - Base metals supply surplus to shrink in 2009
From Purchasing.com: The base metal supply surplus in 2008 will shrink this year, according to a forecast released by the World Bureau of Metal Statistics (WBMS) in London. WBMS data shows that in 2008 the copper surplus almost doubled to 329,000 metric tons from a revised glut of 161,000 metric tons in 2007. World refined copper production rose 2.8% to 18.48 million metric tons last year while consumption was 18.16 million metric tons...... Full Article: Source