Japanese Output of Copper-Alloy Could Rise in 2013 in Attempt to Subdue Yen

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.

To view the whole Bloomberg report, click here.