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Japanese Output of Copper-Alloy Could Rise in 2013 in Attempt to Subdue Yen
Jan. 07, 2013 11:24AM PST
Base Metals Investing
Bloomberg reported that Japan’s production of copper and copper- alloy fabricated products could rise by four percent in 2013, which would mark the first rise in three years.
Bloomberg reported that Japan’s production of copper and copper- alloy fabricated products could rise by four percent in 2013, which would mark the first rise in three years.
As quoted in the market report:
Production, including sheets and tubes, is estimated to reach slightly over 800,000 metric tons in calendar 2013, Tetsu Takahashi, chairman of the Japan Copper & Brass Association, said today in Tokyo. The country’s output may total about 770,000 tons in 2012, the second straight yearly drop and the lowest level since 2009, he said.
