Aluminum and Copper

Global copper supply surplus continues increasing for first nine months

Global copper supply surplus continues increasing for first nine months
Mining News Agency - According to the latest data released by the World Bureau of Metal Statistics (WBMS), global copper supply surplus of 20,000 tons in the first 9 months of this year; the primary aluminum supply gap continued to extend, from supply shortage of 770,000 tons in 2016 to 1.463 million tons in the previous September.
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Mining News - Global copper mines produced 15.05 million tons in January-September, down by 0.5% compared with the same period of last year. In January-September, global refined copper production was 17.64 million tons, up by 1.3% compared with the same period of last year.


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