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Bloomberg reported that according to Nexans SA (EPA:NEX), copper consumption in China may change in the next few years due to rising clean energy demand.
Bloomberg reported that according to Nexans SA (EPA:NEX), copper consumption in China may change in the next few years due to rising clean energy demand.
As quoted in the market news:
China is the world’s largest copper user and demand from its power sector accounts for almost half of consumption. The economy expanded 8.9 percent in the fourth quarter, the slowest since the second quarter of 2009 as Europe’s debt crisis curbed export demand and the property market weakened.
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