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According to ICSG, the growth rate of global refined copper consumption in 2017 was only 1%, and will rise to 2.
3%
in 2018.
The growth rate of copper scrap reclamation increased from 6% in 2016 to 10%
in 2017.
According to ICSG statistics, the global use of copper scrap rose to 8 million tons in 2017, of which less than 3 million tons were used indirectly and more than 5 million tons were used directly
.
Global copper mine production fell 2.
7% in 2017, and production recovery in 2018 is expected to increase by 2.
5%, an increase of about 500,000 tons, and an increase of 1.
9% or 400,000 tons
in 2019.