China refined copper capacity can cover domestic demand -Minmetals
(Reuters) – China’s refined copper capacity is now sufficient to cover domestic demand, Xiaoguang Jin, Vice President of Minmetals Non-Ferrous Metals Holding Limited said on Thursday.
China is the world’s top user of refined copper. The comments suggest China’s appetite to purchase refined copper from global markets may recede although it would still need to import copper concentrate.
Read more at: http://in.reuters.com/article/2014/04/24/lme-asia-week-copper-idINL3N0NG13O20140424
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