Chinese Copper Consumption to Slow Further in 2013

Reuters reported that Chinese consumption of copper cathode is likely slow further in 2013, building this year’s tepid growth rate.

As quoted in the market report:

China, the world’s top user of copper, could stage a tepid economic rebound in the fourth quarter as higher public infrastructure spending nudges it out of seven consecutive quarters of slowdown, but growth will remain lethargic through 2013 a Reuters poll showed.

To view the whole Reuters report, click here.