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Chinese copper demand to defy doubters – Arubis CEO

By · March 16, 2012 · 12:24 am · Leave a Comment

 

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The CEO of Aurubis , Europe’s biggest copper producer, said he is confident of strong copper demand from China this year despite forecasts of lower growth in the country.

The copper market was concerned about the cut in China’s forecast economic growth to 7.5 percent in 2012 as the country accounts for 40 percent of global copper demand, Peter Willbrandt said on Thursday at the Metal Bulletin international copper conference in Hamburg.

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