Reported 2 days ago
Copper consumption is shifting as the United States and India are expected to drive demand growth over the next decade, while China's consumption slows due to completed infrastructure projects and local manufacturing initiatives. Analysts predict that by 2031, U.S. copper demand will rise nearly 50%, with India's demand exceeding 1 million tons, contrasting with a decline in Chinese copper consumption, which is projected to fall by 6%. This changing landscape in the global copper market necessitates adaptation from producers and investors.
Source: YAHOO