Loading ...TORONTO (miningweekly.com) – A global copper industry think tank on Tuesday said the copper market, which had been in a supply deficit for the past five years, would swing to a surplus.
The International Copper Study Group (ICSG) met in Lisbon, Portugal, on Monday and Tuesday, after which it published its copper market forecast for 2014/15.
The group said global refined copper output was expected to top demand for refined copper by about 390 000 t, as demand was expected to lag behind production growth.