copper bulletin - international copper study group
TRANSCRIPT
COPPER BULLETIN
March 2012
INTERNATIONAL COPPER STUDY GROUP
Monthly Publication
Vol. 19 No. 3
www.icsg.org
International Copper Study Group Tel: 351 - 21 - 351 3870
Rua Almirante Barroso, n. 38, 6th
Floor Fax: 351 - 21 - 352 4035
1000-013 Lisbon http://www.icsg.org
Portugal E-mail: [email protected]
INTERNATIONAL COPPER STUDY GROUP OFFICERS FOR 2012
Chairman Mr Salim Bhabhrawala (United States)
Vice-Chairman Mr Andres Mac-Lean (Chile)
Vice-Chairman Mr Bian Gang (China)
STANDING COMMITTEE
Acting Chairman Mr Henrique Santos (Portugal)
Vice-Chairman Mr José Martín del Campo Esparza (Mexico)
Finance Committee Chairman Mr Henrique Santos (Portugal)
ENVIRONMENTAL AND ECONOMIC COMMITTEE
Chairman Mrs Heli Kask (EU)
Vice-Chairman Mr Shakeel Ahmed (India)
STATISTICAL COMMITTEE
Chairman Mr Daniel Edelstein (U.S.A.)
Vice-Chairman Vacant
INDUSTRY ADVISORY PANEL
Chairman Mr Mark Loveitt (IWCC)
SECRETARIAT
Secretary-General Mr Don Smale ([email protected])
Chief Statistician Ms Ana Rebelo ([email protected])
Head of Environment and Economics Mr Carlos Risopatron ([email protected])
Statistical Analyst/Economist Ms Susanna Keung ([email protected])
Secretary Ms Fátima Cascalho ([email protected])
ICSG Copper Bulletin - March 2012 - 2 -
ICSG COPPER BULLETIN
March 2012
Contents
THE INTERNATIONAL COPPER STUDY GROUP
DEFINITIONS AND EXPLANATORY NOTES
ACKNOWLEDGEMENTS
SUMMARY TABLES
TABLE 1. World Refined Copper Production and
Usage Trends
TABLE 2. Copper Mine, Smelter, and Refinery Pro-
duction by Geographical Area
COPPER STATISTICS
TABLE 3. World Copper Mine Production
TABLE 4. World Copper Smelter Production
TABLE 5. World Copper Refinery Production
TABLE 6. World Copper Production by Solvent
Extraction and Electrowinning Processes
TABLE 7. World Refined Copper Usage
TABLE 8. Refined Copper Stocks
A. At Metal Exchanges
B. At Producers, Consumers and
Merchants
TABLE 9. LME, COMEX and U.S. Producers Prices
TABLE 10 World Copper and Copper Alloy Semifab-
ricates Production
Page
4
5
7
9
10
11
13
15
18
19
20
21
22
23
WORLD TRADE IN COPPER
TABLE 11. Copper Ores and Concentrates
A. Imports
B. Exports
TABLE 12. Copper Blister and Anodes
A. Imports
B. Exports
TABLE 13. Refined Copper
A. Imports
B. Exports
TABLE 14. Copper Alloy Ingots
A. Imports
B. Exports
TABLE 15. Copper and Copper Alloy Semifabricates
A. Imports
B. Exports
TABLE 16. Copper and Copper Alloy Scrap
A. Imports
B. Exports
CHART 1. Trends in World Refined Copper Stocks
and Price
2012 The contents of this publication may not be
photocopied, distributed, scanned into electronic
form, or otherwise reproduced in whole or in part,
without express permission of the International
Copper Study Group. Reasonable extracts are per-
mitted for the purpose of comment or review pro-
vided the International Copper Study Group is ac-
knowledged as the source.
Page
25
26
27
28
29
30
31
33
35
38
41
43
8
SPECIAL SECTION
TABLE 17. Copper balances of select countries
Argentina Australia Belgium
China Finland France
Indonesia Iran Italy
Mexico Peru Poland
Sweden Taipei, China United Kingdom
p45
p47
p49
p51
p53
Brazil Canada Chile
Germany Greece India
Japan Kazakhstan Korean Rep.
Portugal Russian Fed. Spain
United States Serbia Zambia
P46
P48
P50
P52
P54
TABLE 18. Copper Alloy Foundry Production TABLE 19. Copper Alloy Ingot Production P55
These data series are reported once a year. Though they consist of comparatively small quantities, they complement the
data availability for the first uses of copper.
ICSG Copper Bulletin - March 2012 - 3 -
THE INTERNATIONAL COPPER STUDY GROUP
Introduction
The International Copper Study Group (ICSG) was
formally established as an autonomous intergovern-
mental organisation on January 23, 1992, following a
series of Ad Hoc meetings sponsored by the United
Nations (UNCTAD) in 1986 and 1987 to review the
world situation of copper and discuss the need for
such a body. A negotiating conference was convened
in June 1988 and, by February 1989, the terms of ref-
erence were finalised. The inaugural meeting was
held in June 1992, and in November 1992, the
Group’s headquarters site was selected to be Lisbon,
Portugal.
Objectives and Functions
The mandate of the Study Group provides for en-
hanced co-operation on issues related to copper and a
forum in which governmental consultations on copper
can be held. The Study Group is to provide a forum
for all market participants, both producers and con-
sumers, to examine their common problems and carry
out open dialogue and free exchange of information.
Greater market transparency is an important goal of
the Group through more complete reliable and up-to-
date statistics, as well as through special investiga-
tions and studies. Greater transparency in the market
should aid companies in choosing correct market
strategies. A better balance between supply and de-
mand is thus more likely.
The principal functions of the Group are to conduct
consultations and exchanges of information on the
international copper economy; to improve statistics on
copper; to undertake studies on issues of the Group;
and to consider special problems or difficulties that
exist or may arise, in the international copper econ-
omy. The Group shall hold discussions among mem-
bers and third parties, such as copper research and
market development organisations, on ways and
means of increasing the demand and developing the
market of copper, and within this framework, suggest
market development studies that would be directed to,
and undertaken by, established market development
organisations. The Group shall offer to facilitate co-
ordination between these organisations and support
the extension of market development activities
The Study Group will endeavour to provide its mem-
bership with the most accurate, comprehensive and
timely information on capacities, production, usage,
trade, stocks, prices, technologies, research develop-
ment, and in other areas that may influence the supply
and demand for copper.
International Commodity Body
The Study Group was accepted as an “International
Commodity Body” (ICB), under the Common Fund
for Commodities (CFC). The CFC is an international
financial institution financed by contributions from
United Nations members. The Common Fund can
finance special studies aimed at improving the struc-
tural conditions of the market through grants proposed
by organisations designated as ICBs. The Study
Group may organise discussions between its mem-
bers, and between them and third parties, in order to
conduct studies and projects related to copper market
development and research. If the Study Group re-
search is financed by the Common Fund, third party
market development and research institutions will
carry it out.
Membership
Membership is open to any country involved in cop-
per production, usage, or international trade, and any
international governmental organisation competent to
negotiate, conclude and implement international
agreements, in particular related to commodities. The
current members are:
Australia Belgium Chile
China Finland France
Germany Greece India
Italy Japan Luxembourg
Mexico Peru Poland
Portugal Russian Fed. Serbia
Spain Sweden United States
Zambia EU- European Union
Organisational Structure and Meetings
The General Session of member countries is the su-
preme authority of the ICSG. The executive head of
the ICSG is the Secretary General, assisted by a pro-
fessional staff at the Group’s Lisbon headquarters.
The detailed work program is co-ordinated by subor-
dinate Committees, such as the Standing, Finance,
Statistical, Environmental and Economic. An Indus-
try Advisory Panel provides expert advice to the Study
Group and is composed of copper industry representa-
tives. The ICSG meets in General Session once a
year. Meetings of all committees are held immedi-
ately ahead of the General Session. A second session
is also held near year-end for the Standing, Statistical
and Environmental and Economic Committees.
ICSG Copper Bulletin - March 2012
- 4 -
DEFINITIONS AND EXPLANATORY NOTES
PRODUCTION
Mine production
The goal is to achieve uniform contained copper sta-
tistics for mine production. Contained copper is de-
fined as the analytical amount of copper outputted in
concentrates and precipitates.
Where applicable, statistical notation is made for sol-
vent-extraction/electrowinning (SX-EW) at the mine
level to distinguish this production from copper de-
rived from concentrates and cement copper. While
only one SX-EW category is shown at the mine level,
SX-EW is separated statistically into two marketable
types at the smelter and refinery levels. High-grade
electrowon (Commercial Cathode) is SX-EW produc-
tion that can be treated as refined cathode and sold as
such. Low-grade electrowon is SX-EW production
that must be re-refined.
Smelter Production
Smelter production is divided into three groupings
relating to the source of material used in producing
blister, anode and other smelter-level products. The
three categories are: Primary, from concentrates and
precipitates; Low-grade electrowon from SX-EW and
RLE plants; and Secondary, from scrap materials.
Electrowon copper resulting from roast-leach-
electrowon (RLE) processes is treated as from con-
centrates at the mine-level and, as from electrowin-
ning at the smelter and refinery levels. Low-grade
electrowon from scrap is included in secondary
smelter-production. To avoid double counting blister
and anode, purchased and returned anode is excluded.
Copper of Cu-Ni-matte is treated as smelter produc-
tion at the source.
Refinery Production
Refinery production is broken into three statistical
source categories: Primary (electrolytic and fire-
refined); Secondary (electrolytic and fire-refined);
and Electrowon (High-grade SX-EW) refined produc-
tion. Electrowon from copper-nickel matte is in-
cluded in the primary category where this is neces-
sary.
USAGE
Recognising that metals are not consumed, but rather
used, and therefore available for future reuse and re-
cycling, the ICSG refers to refined copper production
and refined copper usage in its reports.
Copper usage represents refined copper used by semi-
fabricators, i.e., at wire-rod mills, brass mills, foun-
dries, chemical plants and other miscellaneous manu-
facturers. Usage data is either directly reported by the
country, or the Secretariat estimates an apparent usage
using the following formula: Refined copper produc-
tion + refined imports - refined exports + refined
beginning stocks - ending stocks. Some countries,
such as Canada, use shipments of refined copper
where stocks at consumers and producers are inher-
ently considered. Metal Exchanges warehouse stocks
are treated according to the trade reporting scheme of
a particular country. For many countries, some of the
parts of this formula are missing, i.e., some countries
do not produce refined copper or hold refined stocks.
Trade data is available for most countries
STOCKS
Refined copper stocks are reported where held by the
exchanges, the London Metal Exchange (LME), the
Commodity Metal Exchange (COMEX), New York,
Shanghai Futures Exchange (SHFE) and by consum-
ers, producers and governments. Merchant stocks are
included where it is certain that these are nonduplica-
tive to those already reported. Only refined products
at plant sites are included. Items such as wire rod,
tube and other semifabricated forms are not included.
TRADE
Trade in all forms of crude, unwrought, wrought and
semifabricated products and scrap are reported. In the
case of semifabricates, only the major groupings are
shown. Trade in copper and copper alloy ingot and
master alloys are reported. Although there are more
than 370 copper and copper alloys cast, the ingot type
is not identified in the trade classes. Master alloys
and hardeners are copper based alloys cast with high
alloying element content and are used for producing
copper alloys. Quantities reported are indicated on
the tables. Most data is in copper content, but where
gross weight is reported, this is indicated on the table.
In the case of copper ores and concentrates, most
countries only report trade in gross weight. In this
case, estimates of copper content of concentrates are
made on information available. Trade data originates
from reporting countries.
ICSG Copper Bulletin - March 2012 - 5 -
Harmonised System Trade Codes for Copper and Copper Products
used in ICSG Copper Bulletin Tables
Ores & Concentrates 2603
Matte 7401 10
Cement Copper (Precipitates) 7401 20
Blister & Anode 7402
Refined Copper Cathodes
Wire Bars
Billets
Other
7403 11
7403 12
7403 13
7403 19
Ingots Copper Alloy
-Cu-Zn
-Cu-Sn
-Cu-Ni, Cu-Ni-Zn
-Other
7403 21
7403 22
7403 23
7403 29
Master Alloy 7405
Total
-Bars & Profiles
-Wire
-Plates, Sheets & Strips
-Foils, Not Backed
-Tubes
-Powders & Flakes
7407
7408
7409
7410 1
7411
7406
Semifabricates Copper
-Bars & Profiles
-Wire (Rod)
--Section > 6 mm
--Other
-Plates, Sheets & Strips
--In Coils
--Other
-Foils
-Tubes
7407 10
7408 11
7408 19
7409 11
7409 19
7410 11
7411 10
Copper Alloy
-Bars & Profiles
--Cu-Zn
--Cu-Ni, Cu-Ni-Zn
--Other
-Wire
--Cu-Zn
--Cu-Ni, Cu-Ni-Zn
--Other
-Plates, Sheets & Strips
--Cu-Zn, in Coils
--Cu-Zn, Other
--Cu-Sn, in Coils
--Cu-Sn, Other
--Cu-Ni, Cu-Ni-Zn
--Other
-Foils
-Tubes
--Cu-Zn
--Cu-Ni, Cu-Ni-Zn
--Other
7407 21
7407 22
7407 29
7408 21
7408 22
7408 29
7409 21
7409 29
7409 31
7409 39
7409 40
7409 90
7410 12
7411 21
7411 22
7411 29
Total 7404
Scrap Copper 7404 00 10
Copper Alloy -- Cu-Zn
-- Other
7404 00 91
7404 00 99
ICSG Copper Bulletin - March 2012 - 6 -
PRICES
Refined copper prices not only relate to the refined
shape and its quality, but also to the manner in which
it is priced; i.e., through producer's annually negoti-
ated contracts, or through the commodity exchanges.
Refined copper prices reported in this bulletin are the
average high grade cathode spot price at the London
Metal Exchange and at the COMEX, and the U.S.
Producer Price. The U.S. producer price is based on
estimated U.S. refined cathode selling prices of U.S.
producers, quoted on a delivered basis. The producer
price is weighted by each producer's estimated share
of shipments. Futures contracts have changed gradu-
ally over the years to correspond to the most active
markets. At the end of December 1989, COMEX
dropped the standard contract, and adopted a high-
grade contract. The LME dropped its standard cath-
ode contract in January 1989 and currently trades only
the Grade A (high-grade) cathode contract. Copper
has been traded internationally on the LME since
January 1, 1877. Trading on the COMEX began on
May 15, 1929.
GEOGRAPHIC GROUPINGS
The geographic groups used in this report include the
following countries:
America - North, Central and South American coun-
tries.
Africa - Includes all African countries.
Europe - Includes all European countries, including
Turkey. All of the former U.S.S.R. countries are in-
cluded in Europe, unless otherwise noted.
Asia - Includes countries of both the Middle East and
the Far East, such as China, Israel, Iran, India, Indo-
nesia, Japan, Mongolia, Pakistan, Philippines, South
and North Korea, and Thailand.
Oceania - Includes Australia, Papua New Guinea and
New Zealand.
EU-15 - Includes Austria, Belgium, Denmark,
Finland, France, Germany, Greece, Ireland, Italy,
Luxembourg, the Netherlands, Portugal, Spain, Swe-
den and United Kingdom.
EU-25 - Includes EU-15 countries plus Cyprus, Czech
Republic, Estonia, Hungary, Latvia, Lithuania, Malta,
Poland, Slovakia, Slovenia.
EU-27 - Includes EU-25 countries plus Bulgaria and
Romania.
RECYCLING
Scrap statistics are collected at each processing level.
Refined secondary material represents scrap that has
been fire-refined, or that has been converted to anode
at the smelter level and then electrolytically refined.
Direct, or Remelt scrap is secondary material that can
be used directly in a furnace without cleanup through
the use of fluxes and poling and re-refining. Remelt
scrap is made up largely of purchased "new" or
"manufacturing” return scrap, whereas most scrap for
refining is made up of "old" used copper items. New
scrap has a shelf life of only a few months, whereas
old scrap has an average shelf life of about 20 years.
Old scrap is considered to be a resource that competes
with newly mined material. Trade is reported in two
general scrap types, unalloyed copper scrap and al-
loyed copper-base scrap. Ashes and residues are gen-
erally made up of materials containing less than 30%
copper.
QUANTITIES
All quantities in this report are in metric tonnes unless
otherwise indicated. Prices will be given in cents per
pound and U.S. dollars per metric tonne. Most items
are in copper content. Gross weight items are indi-
cated on the tables.
SYMBOLS
Estimates are indicated in italics. A zero will appear
where the amount is less than one-half unit. A (p)
indicates preliminary data and blank spaces indicate
no available data, or zero quantity. All explanatory
footnotes will appear at the end of tables. World To-
tals are independently calculated, consequently they
may not add to the detail shown in the tables. Ton-
nes-per-year may be abbreviated as tpy.
ACKNOWLEDGEMENTS
Compilation of this Bulletin is made possible thanks
to the cooperation of member and non-member gov-
ernments, public and private sector statistical organi-
sations, international organisations, industry associa-
tions and companies, and market and research institu-
tions.
ICSG Copper Bulletin - March 2012 - 7 -
CHART 1. TRENDS IN WORLD REFINED STOCKS AND PRICES
190
200
210
220
230
240
250
260
270
280
290
300
310
320
330
340
350
360
370
380
390
400
410
420
430
440
450
1,425
1,500
1,575
1,650
1,725
1,800
1,875
1,950
2,025
2,100
2,175
2,250
2,325
2,400
2,475
2,550
2,625
2,700
2,775
2,850
2,925
3,000
3,075
3,150
3,225
3,300
3,375
rice
LM
E (
US
ce
nts
/po
un
d)
ou
san
d m
etr
ic to
nn
es,
co
pp
er
0
10
20
30
40
50
60
70
80
90
100
110
120
130
140
150
160
170
180
0
75
150
225
300
375
450
525
600
675
750
825
900
975
1,050
1,125
1,200
1,275
1,350
,
Jan 01
Jul 01 Jan 02
Jul 02 Jan 03
Jul 03 Jan 04
Jul 04 Jan 05
Jul 05 Jan 06
Jul 06 Jan 07
Jul-07 Jan 08
Jul-08 Jan 09
Jul-09 Jan-10
Jul-10 Jan-11
Jul-11
Pr
Th
o
Exchanges Producers Merchants Consumers 3 mth moving average copper usage seasonally adjusted Price LME (UScents/pound)
Stocks are end of period. Prices are averages for the period.
ICSG Copper Bulletin - March 2012 - 8 -
TABLE 1. WORLD REFINED COPPER PRODUCTION AND USAGE TRENDS
2006-2011Thousand metric tonnes, copper
2006 2007 2008 2009 2010 2010 2011
p/ Jan-Dec Sep Oct Nov Dec
World Mine Production 14,990 15,483 15,527 15,897 15,989 15,989 16,005 1,349 1,380 1,359 1,446
World Mine Capacity 17,090 18,061 18,743 19,515 19,897 19,917 20,346 1,681 1,741 1,688 1,749
Mine Capacity Utilization (%) 87.7 85.7 82.8 81.5 80.4 80.3 78.7 80.3 79.3 80.5 82.7
Primary Refined Production 14,678 15,190 15,418 15,435 15,749 15,749 16,113 1,377 1,386 1,359 1,448
Secondary Refined Production 2,613 2,743 2,823 2,818 3,249 3,249 3,517 300 329 297 284
World Refined Production
(Secondary+Primary)17,291 17,933 18,241 18,253 18,998 18,998 19,630 1,677 1,714 1,655 1,732
Seasonally Adjusted Refined
Production - monthly 1/ 1,673 1,677 1,641 1,692
World Refinery Capacity 20,611 21,823 22,658 23,467 23,838 23,907 24,643 2,040 2,115 2,054 2,130
Refineries Capacity Utilization (%) 83.9 82.2 80.5 77.8 79.7 79.5 79.7 82.2 81.0 80.6 81.3
Secondary Refined as % in Total
Refined Prod.15.1 15.3 15.5 15.4 17.1 17.1 17.9 17.9 19.2 17.9 16.4
World Refined Usage 2/ 17,034 18,196 18,054 18,088 19,375 19,375 19,988 1,689 1,793 1,784 1,691
Seasonally Adjusted World Refined
Usage - monthly 1/ 1,674 1,791 1,802 1,764
Refined Stocks
End of Period 1,075 970 1,102 1,353 1,193 1,193 1,199 1,342 1,262 1,138 1,199
Period Stock Change 265 -105 132 251 -160 -160 6 14 -79 -124 60
Refined Balance 3/ 257 -263 187 165 -377 -377 -358 -12 -79 -129 41
Seasonally Adjusted Refined Balance 4/ -1 -114 -161 -72
LME Copper Price 5/ 6,727 7,126 6,952 5,164 7,539 7,280 9,073 8,315 7,348 7,552 7,568
Comex Copper Price 6/ 309.42 322.84 313.18 236.54 342.66 330.99 412.05 373.78 334.36 344.58 343.21
p/ Preliminary
1/ See note below on seasonal adjustments. Figures in the year-to-date columns represent seasonally adjusted monthly averages.
2/ Apparent refined usage is used for the European Union (EU-15) instead of the accumulation of the individual countries' refined usage.
3/ Surplus or deficit is calculated using total refined production minus refined usage.
4/ Surplus or deficit is calculated using seasonally adjusted total refined production minus seasonally adjusted refined usage.
5/ Averages for the period in US dollars per ton of copper.
6/ Averages for the period in US cents per pound of copper.
Note on seasonal adjustments:
Each month the ICSG issues the above table in a Press Release which is also included in ICSG's web site:
http://www.icsg.org
The International Copper Study Group introduced seasonal adjustments in its supply usage table to help better assess the state of the copper market. The
introduction of seasonally adjusted refined usage and refined balance figures was originally intended to account for the effects of variations in days per
month and holiday periods in certain key copper using regions of the world. Starting with the April 2007 edition of the Copper Bulletin (January 2007
data), the International Copper Study Group will be using the U.S. Census Bureau's X-12 seasonal adjustment program to calculate seasonally adjusted
refined usage, production, and balance figures in order to provide more analytically rigorous seasonally adjusted results. Seasonal adjustments have also
been made for data from past years.
2011
ICSG Copper Bulletin - March 2012 - 9 -
TABLE 2. COPPER MINE, SMELTER, REFINERY PRODUCTION AND REFINED COPPER USAGE
BY GEOGRAPHICAL AREAThousand metric tonnes, copper
2006 2007 2008 2009 2010 2010 2011
p/ Sep Oct Nov Dec
AFRICA
Mine 738.2 823.5 941.3 1,130.4 1,214.7 1,214.7 1,301.3 109.6 114.7 111.1 114.8
Smelter 450.2 385.3 371.2 465.7 606.3 606.3 629.8 48.9 53.4 51.7 53.4
Refinery 553.1 589.0 606.9 697.4 859.3 859.3 952.4 78.9 86.1 83.3 86.1
Refined Usage 236.7 271.9 298.5 296.8 285.3 285.3 288.7 22.4 25.4 24.5 23.5
AMERICA
Mine 8,893.5 9,262.5 9,166.6 8,971.6 8,955.4 8,955.4 8,970.4 753.0 790.5 787.6 848.0
Smelter 3,460.8 3,396.7 3,216.4 3,188.7 3,180.0 3,180.0 2,925.2 260.3 269.5 250.0 259.8
Refinery 5,684.4 5,717.1 5,792.2 5,692.4 5,556.8 5,556.8 5,364.9 456.7 466.3 454.3 478.1
Refined Usage 3,314.2 3,182.9 3,087.5 2,579.1 2,828.4 2,828.4 2,791.1 231.4 233.2 225.7 205.2
ASIA (post 1992)
Mine 2,759.2 2,810.6 2,842.5 3,238.2 3,204.1 3,204.1 3,002.8 261.9 236.5 225.8 242.7
Smelter 6,524.0 7,012.7 7,550.9 7,856.4 8,264.1 8,264.1 8,633.6 718.0 736.8 699.7 763.8
Refinery 6,993.8 7,626.4 7,720.9 7,957.3 8,510.2 8,510.2 9,024.4 780.7 791.9 762.0 796.6
Refined Usage 8,069.7 9,450.0 9,600.4 11,250.6 11,896.0 11,896.0 12,316.8 1,082.2 1,136.3 1,158.1 1,170.5
EUROPE (post 1992)
Mine 1,546.1 1,546.3 1,533.6 1,535.9 1,584.2 1,584.2 1,630.9 132.9 140.5 138.2 143.0
Smelter 3,154.8 3,069.4 3,157.5 3,031.3 3,203.3 3,203.3 3,181.9 268.2 269.8 263.0 270.5
Refinery 3,630.8 3,559.2 3,619.6 3,460.5 3,648.1 3,648.1 3,811.2 322.2 328.4 317.8 329.4
Refined Usage 5,270.4 5,143.6 4,916.8 3,832.5 4,234.3 4,234.3 4,469.9 342.9 391.0 368.8 284.3
OCEANIA
Mine 1,053.2 1,040.4 1,043.2 1,020.7 1,030.1 1,030.1 1,099.5 91.4 98.2 95.9 97.3
Smelter 377.0 398.5 446.9 422.0 410.0 410.0 443.1 35.2 37.7 36.8 37.7
Refinery 428.9 441.6 501.5 445.5 424.1 424.1 476.9 38.0 41.5 38.0 41.4
Refined Usage 143.4 147.6 150.7 129.5 131.1 131.1 121.5 10.0 7.5 7.5 7.4
WORLD TOTALS
Mine 14,990.2 15,483.3 15,527.1 15,896.7 15,988.6 15,988.6 16,004.9 1,348.8 1,380.4 1,358.6 1,445.9
Smelter 13,966.7 14,262.6 14,743.0 14,964.1 15,663.8 15,663.8 15,813.6 1,330.6 1,367.4 1,301.2 1,385.2
Refinery 17,291.0 17,933.3 18,241.1 18,253.1 18,998.4 18,998.4 19,629.8 1,676.5 1,714.2 1,655.5 1,731.6
Refined Usage 17,034.4 18,196.0 18,054.0 18,088.4 19,375.1 19,375.1 19,988.0 1,688.9 1,793.4 1,784.5 1,691.0
WESTERN COUNTRIES
Mine 12,121.1 12,622.0 12,518.1 12,946.4 12,965.0 12,965.0 12,859.3 1,078.5 1,113.8 1,092.8 1,166.0
Smelter 9,164.7 9,214.3 9,143.1 9,043.6 9,289.5 9,289.5 8,895.1 741.9 761.3 729.9 789.0
Refinery 12,134.8 12,331.5 12,394.8 12,177.8 12,344.7 12,344.7 12,253.9 1,038.9 1,078.5 1,046.0 1,091.6
Refined Usage 12,225.7 11,994.3 11,661.9 10,152.7 11,041.9 11,041.9 10,883.9 850.5 929.3 907.8 784.4
EUROPEAN UNION (EU-15)
Mine 185.0 172.9 166.9 177.2 219.9 219.9 247.4 19.2 25.0 24.2 25.0
Smelter 1,342.2 1,342.4 1,439.6 1,327.3 1,387.5 1,387.5 1,386.1 117.6 120.0 116.8 120.0
Refinery 1,828.3 1,801.7 1,892.4 1,784.4 1,859.2 1,859.2 1,923.4 165.3 165.7 161.4 166.2
Refined Usage 3,835.9 3,623.8 3,426.9 2,748.9 2,988.8 2,988.8 2,969.8 215.4 270.3 245.8 184.3
EUROPEAN UNION (EU-27)
Mine 805.7 742.3 709.4 728.6 757.9 757.9 785.4 62.6 70.3 67.9 70.4
Smelter 2,130.4 2,070.0 2,227.8 2,134.4 2,265.2 2,265.2 2,260.5 189.6 192.4 188.0 192.7
Refinery 2,473.0 2,425.6 2,564.0 2,490.1 2,623.9 2,623.9 2,724.4 232.1 232.8 226.6 234.5
Refined Usage 4,197.4 4,052.9 3,813.4 3,074.5 3,347.7 3,347.7 3,304.3 251.3 300.5 269.5 211.1
p/ Preliminary data.
AFRICA includes Algeria, Botswana, Congo, Egypt, Morocco, Mozambique, Namibia, South Africa, Tunisia, Zaire, Zambia and Zimbabwe.
AMERICA includes Argentina, Bolivia, Brazil, Canada, Chile, Colombia, Cuba, Ecuador, Mexico, Peru, United States and Venezuela.
ASIA includes China, Cyprus, Hong Kong (China), India, Indonesia, Iran, Israel, Japan, Malaysia, Mongolia, Myanmar, North Korea, Oman, Pakistan
Philippines, Republic of Korea, Saudi Arabia, Singapore, Taiwan (China), Thailand, and Vietnam and former U.S.S.R. countries:
Armenia, Azerbeijan, Georgia, Kazakhstan, Krygyzstan, Taijikistan and Uzbekistan (according to U.N. classification).
EUROPE (post 1992) includes Albania, Austria, Belgium-Luxembourg, Bulgaria, Croatia, Czech Rep., Denmark, Finland, France, Germany, Greece, Hungary,
Ireland, Italy, Macedonia, Netherlands, Norway, Poland, Portugal, Romania, Spain, Slovakia, Sweden, Switzerland, Turkey, United Kingdom, Serbia
and former U.S.S.R. countries: Belarus, Estonia, Latvia, Lithuania, Moldova, Russian Federation and Ukraine (according to U.N. classification).
EUROPEAN UNION (EU-15) Includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal,
Spain, Sweden and United Kingdom
OCEANIA includes Australia, New Zealand and Papua New Guinea.
NB: WESTERN COUNTRIES will be published as long as requested by clients
2011
Jan-Dec
ICSG Copper Bulletin - March 2012 - 10 -
TABLE 3. WORLD COPPER MINE PRODUCTIONThousand metric tonnes, copper
COUNTRY Source 2006 2007 2008 2009 2010 2010 2011
1/ p/ Sep Oct Nov Dec
Argentina Concentrates 180.1 180.2 156.9 143.1 140.3 140.3 116.7 11.2 7.6 7.4 7.6
Armenia Concentrates 18.0 17.6 18.8 22.6 25.1 25.1 30.4 2.9 2.1 2.1 2.1
Concentrates 806.4 829.1 830.5 830.6 856.0 856.0 915.4 74.8 78.8 77.9 78.5
Australia SX-EW 52.4 42.1 53.0 23.4 14.4 14.4 42.5 3.5 5.8 4.8 5.2
Total 858.8 871.2 883.5 854.0 870.3 870.3 957.9 78.3 84.6 82.7 83.7
Concentrates 1.9 0.2 0.4 0.3 0.4
Bolivia SX-EW 0.2 0.9 0.9 3.1 0.3 0.4 0.3 0.3
Total 0.2 0.9 0.9 5.0 0.5 0.8 0.7 0.7
Botswana Concentrates 24.2 24.4 28.8 29.1 31.2 31.2 29.4 2.4 2.1 2.0 2.1
Concentrates 143.6 205.4 216.8 206.7 206.8 206.8 211.9 18.9 20.3 19.6 20.3
Brazil SX-EW 0.9 3.8 6.5 7.4 7.4 4.4 0.4 0.4 0.3 0.3
Total 143.6 206.3 220.6 213.1 214.2 214.2 216.3 19.3 20.7 20.0 20.6
Bulgaria Concentrates 110.4 109.6 105.0 105.0 105.0 105.0 105.0 8.6 8.9 8.6 8.9
Concentrates 603.3 594.8 606.4 493.7 521.8 521.8 565.2 44.3 48.6 49.1 49.0
Canada SX-EW 1.5 1.6 0.8 3.2 3.2 1.0 0.1 0.1 0.1 0.1
Total 603.3 596.2 608.0 494.5 525.0 525.0 525.0 44.4 48.7 49.2 49.1
Concentrates 3,669.0 3,724.9 3,356.6 3,276.9 3,330.4 3,330.4 3,219.0 267.5 287.7 279.9 327.3
Chile 2/ SX-EW 1,691.8 1,831.9 1,971.0 2,112.4 2,088.2 2,088.2 2,024.8 170.6 181.2 176.9 181.9
Total 5,360.8 5,556.8 5,327.6 5,389.3 5,418.6 5,418.6 5,243.8 438.1 468.9 456.8 509.2
Concentrates 872.9 928.0 1,076.1 1,045.0 1,131.0 1,131.0 1,269.3 116.2 111.6 113.0 122.8
China SX-EW 16.1 18.2 16.6 21.0 25.0 25.0 30.0 2.8 2.5 2.8 2.9
Total 889.0 946.2 1,092.7 1,066.0 1,156.0 1,156.0 1,299.3 119.0 114.1 115.8 125.7
Colombia Concentrates 0.6 0.9 1.2 1.3 1.0 1.0 0.9 0.1 0.0 0.1 0.1
Concentrates 74.4 95.1 161.2 150.4 100.8 100.8 114.9 10.4 10.3 9.9 10.3
Congo, D.R. SX-EW 53.3 47.4 52.9 150.8 237.5 237.5 333.1 29.8 33.9 32.8 33.9
Total 127.7 142.5 214.1 301.2 338.3 338.3 448.0 40.2 44.2 42.8 44.2
Cyprus SX-EW 1.0 2.9 3.0 2.4 2.6 2.6 3.7 0.3 0.4 0.4 0.4
Dominican Rep. Concentrates 2.6 11.5 8.8 8.8 10.8 0.9 0.8 0.8 0.8
Georgia Concentrates 9.3 9.6 10.0 10.0 6.1 6.1 7.0 0.6 0.6 0.6 0.6
India Concentrates 29.0 32.9 28.0 29.5 33.0 33.0 31.9 2.7 2.8 2.7 2.8
Concentrates 816.2 788.9 650.6 994.5 870.9 870.9 542.5 48.8 25.0 15.2 20.0
Indonesia SX-EW 1.1 1.4 1.4 0.1
Total 816.2 788.9 650.6 995.6 872.3 872.3 542.6 48.8 25.0 15.2 20.0
Concentrates 207.2 236.5 240.8 255.7 249.3 249.3 249.4 19.6 21.1 20.4 21.1
Iran SX-EW 9.0 7.7 7.3 6.8 7.4 7.4 9.5 0.8 0.9 0.9 0.9
Total 216.2 244.2 248.1 262.5 256.6 256.6 258.9 20.4 22.0 21.3 22.0
Concentrates 434.1 406.8 421.7 406.1 380.1 380.1 349.2 28.2 28.0 28.1 28.4
Kazakhstan SX-EW
Total 434.1 406.8 421.7 406.1 380.1 380.1 349.2 28.2 28.0 28.1 28.4
Concentrates 24.9 54.0 67.8 67.8 59.9 4.3 5.6 5.4 5.6
Laos SX-EW 60.8 62.5 64.1 67.5 64.2 64.2 78.9 6.9 7.0 6.8 7.0
Total 60.8 62.5 89.0 121.5 132.0 132.0 138.8 11.2 12.6 12.2 12.6
Concentrates 7.0 7.4 8.4 7.6 7.9 7.9 7.9 0.7 0.7 0.7 0.7
Macedonia SX-EW 0.3 0.1 0.1 0.2
Total 7.0 7.4 8.4 7.6 7.9 7.9 8.2 0.7 0.7 0.8 0.8
Mauritania Concentrates 5.0 28.8 33.1 36.6 37.0 37.0 35.3 2.8 2.7 2.7 2.7
2011
Jan-Dec
ICSG Copper Bulletin - March 2012 - 11 -
TABLE 3. WORLD COPPER MINE PRODUCTIONThousand metric tonnes, copper
COUNTRY Source 2006 2007 2008 2009 2010 2010 2011
1/ p/ Sep Oct Nov Dec
2011
Jan-Dec
Concentrates 248.0 230.5 172.4 172.7 184.5 184.5 335.3 31.9 33.0 29.1 27.5
Mexico SX-EW 86.0 107.0 74.5 65.7 85.6 85.6 105.0 8.6 8.9 8.6 10.9
Total 334.0 337.5 246.8 238.4 270.1 270.1 440.3 40.5 42.0 37.7 38.4
Concentrates 129.7 130.2 126.8 126.5 123.5 123.5 118.0 9.7 10.0 9.1 9.0
Mongolia SX-EW 2.4 2.4 2.6 2.5 2.6 2.6 2.4 0.2 0.2 0.2 0.2
Total 132.1 132.6 129.4 128.9 126.1 126.1 120.4 9.9 10.2 9.2 9.2
Morocco Concentrates 4.6 5.6 5.9 11.8 11.0 11.0 11.0 0.9 0.9 0.9 0.9
Myanmar SX-EW 19.5 13.9 3.5 12.0 12.0 15.0 1.2 1.3 1.2 1.3
Namibia Concentrates 6.4 9.6 9.0 3.4 0.4 0.4 0.5 0.5
North Korea Concentrates 12.0 12.0 12.0 12.0 12.0 12.0 12.0 1.0 1.0 1.0 1.0
Oman Concentrates 9.1 9.0 19.8 20.0 20.0 20.0 1.6 1.7 1.6 1.7
Pakistan Concentrates 20.0 21.3 20.0 20.0 20.0 20.0 20.0 1.6 1.7 1.6 1.7
Papua New Guinea Concentrates 194.4 169.2 159.7 166.7 159.8 159.8 141.6 13.2 13.6 13.2 13.6
Concentrates 875.4 1,018.2 1,107.8 1,113.5 1,094.2 1,094.2 1,094.9 93.4 92.7 100.3 111.6
Peru SX-EW 173.8 172.1 160.1 162.8 153.0 153.0 139.0 10.3 10.5 10.2 11.1
Total 1,049.1 1,190.3 1,267.9 1,276.2 1,247.2 1,247.2 1,233.8 103.7 103.3 110.5 122.6
Philippines Concentrates 17.6 22.0 21.3 46.9 59.4 59.4 64.1 5.2 5.5 5.5 5.5
Poland Concentrates 497.2 451.9 429.4 439.0 425.4 425.4 424.2 34.0 35.6 34.2 35.6
Portugal Concentrates 78.6 90.2 89.6 86.9 74.3 74.3 82.2 5.6 9.7 9.4 9.7
Romania Concentrates 12.1 5.0 5.0 5.0 5.0 5.0 5.0 0.4 0.4 0.4 0.4
Concentrates 670.2 680.0 695.0 665.7 692.7 692.7 703.1 58.4 58.0 58.4 60.3
Russian Fed. SX-EW 4.8 10.0 10.0 10.0 10.0 10.0 10.0 0.8 0.8 0.8 0.8
Total 675.0 690.0 705.0 675.7 702.7 702.7 713.1 59.2 58.8 59.2 61.2
Saudi Arabia Concentrates 1.0 2.0 2.0 2.0 2.2 0.2 0.2 0.1 0.4
Scandinavia 3/ Concentrates 99.8 76.4 70.3 69.2 91.2 91.2 96.8 7.7 8.1 7.9 8.1
South Africa Concentrates 89.5 97.0 108.7 107.6 102.6 102.6 96.6 8.1 7.4 7.2 7.4
Concentrates 6.6 6.3 7.1 15.4 25.8 25.8 26.3 2.2 2.4 2.4 2.4
Spain SX-EW 5.6 28.5 28.5 42.1 3.7 4.8 4.6 4.8
Total 6.6 6.3 7.1 21.0 54.3 54.3 68.4 6.0 7.2 7.0 7.2
Tanzania Concentrates 4.0 4.0 4.0 5.0 6.0 6.0 6.0 0.5 0.5 0.5 0.5
Turkey Concentrates 46.4 90.2 92.1 105.0 96.7 96.7 95.0 7.8 8.1 7.8 8.1
Concentrates 691.4 690.0 827.0 728.6 701.0 701.0 687.7 56.5 57.3 63.2 58.6
United States SX-EW 530.4 504.2 508.0 475.4 428.3 428.3 448.9 37.7 40.4 41.3 40.2
Total 1,221.8 1,194.2 1,335.0 1,204.0 1,129.3 1,129.3 1,136.6 94.2 97.7 104.5 98.8
Uzbekistan Concentrates 80.0 80.0 80.0 80.0 80.0 80.0 80.0 6.6 6.8 6.6 6.8
Serbia Concentrates 12.0 16.5 18.8 19.0 19.0 19.0 29.3 2.7 2.5 2.6 2.6
Vietnam Concentrates 5.2 11.0 11.0 11.3 11.3 11.3 11.0 0.9 0.9 0.9 0.9
Concentrates 350.0 341.0 372.0 496.0 539.6 539.6 527.0 41.3 43.4 42.0 43.4
Zambia 4/ SX-EW 124.1 168.0 163.0 140.1 146.1 146.1 141.6 12.7 12.7 12.3 12.7
Total 474.1 509.0 535.0 636.1 685.7 685.7 668.6 54.0 56.1 54.3 56.1
Zimbabwe Concentrates 2.7 2.7 2.7 3.0 3.0 3.0 3.0 0.2 0.3 0.2 0.3
Others Concentrates 0.0 0.0 0.0 0.0 0.0
SX-EW
Concentrates 12,164.9 12,490.5 12,435.7 12,638.2 12,670.4 12,670.4 12,569.6 1,057.9 1,068.2 1,053.1 1,130.9
WORLD SX-EW 2,825.3 2,992.8 3,091.4 3,258.5 3,318.3 3,318.3 3,435.3 290.9 312.2 305.5 315.0
TOTALS Total 14,990.2 15,483.3 15,527.1 15,896.7 15,988.6 15,988.6 16,004.9 1,348.8 1,380.4 1,358.6 1,445.9
Source: Official country and company reports.
p/ Preliminary data. 3/ Includes Finland, Norway and Sweden.
1/ Copper content of concentrates and precipitates unless otherwise noted. 4 Electrowon at the mine is comprised of the tailings leach only (TLP).
2/ Copper content of final shipments (concentrate, blister or cathode) Material leached from concentrates is shown as electrowon at the smelter level.
ICSG Copper Bulletin - March 2012 - 12 -
TABLE 4. WORLD COPPER SMELTER PRODUCTIONThousand metric tonnes, copper in primary and secondary blister and anode
COUNTRY Feed 2006 2007 2008 2009 2010 2010 2011
Type p/ Sep Oct Nov Dec
Armenia Primary 8.8 6.9 6.4 6.5 7.5 7.5 8.7 0.8 0.8 0.9 0.7
Australia Primary 377.0 398.5 446.9 422.0 410.0 410.0 443.1 35.2 37.7 36.8 37.7
Austria Secondary 65.9 80.2 94.2 90.8 92.2 92.2 92.2 7.1 7.3 7.1 7.3
Belgium Secondary 114.6 115.2 124.5 114.4 118.6 118.6 112.9 8.9 9.6 9.3 9.6
Botswana Primary 29.7 27.0 25.0 24.7 23.4 23.4 16.1 0.4 1.9 1.8 1.9
Primary 179.6 171.1 184.4 176.4 176.4 176.4 168.4 13.5 13.2 12.3 12.5
Brazil Secondary 40.0 40.0 39.1 30.6 47.7 47.7 50.2 4.5 5.2 4.8 3.9
Total 219.6 211.1 223.5 206.9 224.1 224.1 218.6 18.0 18.4 17.1 16.4
Primary 217.0 217.6 257.1 256.2 265.0 265.0 265.0 21.8 22.5 21.8 22.5
Bulgaria Secondary 24.0 11.5 21.2 20.0 19.6 19.6 23.0 1.6 1.7 1.6 1.7
Total 241.0 229.1 278.2 276.2 284.6 284.6 288.0 23.4 24.2 23.4 24.2
Primary 484.7 470.7 443.8 316.5 318.0 318.0 304.7 26.7 31.4 27.1 26.9
Canada Secondary 35.8 46.1 41.8 29.7 31.8 31.8 25.2 1.9 2.0 2.1 1.7
Total 520.5 516.8 485.6 346.2 349.8 349.8 349.8 28.6 33.4 29.2 28.6
Chile Primary 1,565.4 1,514.3 1,369.2 1,522.3 1,559.8 1,559.8 1,364.2 123.8 120.8 114.5 125.2
Primary 1,917.5 2,111.5 2,453.4 2,694.0 2,826.0 2,826.0 3,080.1 250.0 270.0 260.0 270.0
China Secondary 600.0 750.0 950.0 1,100.0 1,300.0 1,300.0 1,616.0 153.0 150.0 130.0 140.0
Total 2,517.5 2,861.5 3,403.4 3,794.0 4,126.0 4,126.0 4,696.1 403.0 420.0 390.0 410.0
Colombia Secondary 10.0 10.1 10.0 10.0 10.0 10.0 10.0 0.8 0.8 0.8 0.8
Congo, D.R.Low-grade
Electrowon 10.0 1.8
Primary 273.8 270.2 295.0 286.3 378.7 378.7 343.7 27.4 27.8 26.9 27.8
Germany 1/ Secondary 266.3 273.4 293.3 247.5 212.4 212.4 236.5 20.5 18.6 17.8 18.6
Total 540.0 543.6 588.3 533.8 591.1 591.1 580.2 47.9 46.4 44.7 46.4
Primary 609.6 699.9 651.0 705.1 653.9 653.9 671.3 54.1 61.2 59.2 61.2
India Secondary 15.0 15.0 11.0 10.0 1.9 1.9 2.0 0.2 0.2 0.2 0.2
Total 624.6 714.9 662.0 715.1 655.8 655.8 673.3 54.3 61.3 59.3 61.3
Indonesia Primary 201.2 277.0 253.3 295.9 276.8 276.8 280.0 23.0 23.8 23.0 23.8
Primary 177.5 180.3 179.8 192.7 188.2 188.2 185.2 14.8 16.4 15.9 16.4
Iran Secondary 66.6 70.6 67.7 69.1 90.5 90.5 84.5 7.0 6.8 6.6 6.8
Total 244.1 250.9 247.5 261.8 278.7 278.7 269.6 21.8 23.2 22.5 23.2
Primary 1,409.1 1,367.3 1,366.3 1,297.9 1,382.7 1,382.7 1,168.3 91.9 50.8 81.6 113.4
Japan Secondary 219.2 245.2 259.1 243.9 260.2 260.2 269.7 17.5 47.6 16.5 22.3
Total 1,628.3 1,612.5 1,625.4 1,541.8 1,642.9 1,642.9 1,438.0 109.3 98.4 98.1 135.7
Kazakhstan Primary 426.2 408.8 430.0 369.0 370.9 370.9 375.9 30.7 31.7 30.7 31.7
Primary 449.2 470.0 502.0 455.4 475.9 475.9 449.2 39.0 40.3 39.0 40.0
Korean Rep. Secondary 34.8 45.0 42.0 43.8 65.2 65.2 89.8 7.3 7.5 7.3 7.5
Total 484.0 515.0 544.0 499.2 541.2 541.2 539.0 46.3 47.8 46.3 47.5
Primary 257.6 222.6 190.9 159.6 117.4 117.4 160.0 13.2 13.6 13.2 13.6
Mexico Secondary 5.0 5.0 5.0 5.0 5.0 5.0 5.0 0.4 0.4 0.4 0.4
Total 262.6 227.6 195.9 164.6 122.4 122.4 165.0 13.6 14.0 13.6 14.0
Namibia Primary 21.9 20.6 19.5 20.1 20.0 20.0 20.0 1.6 1.7 1.6 1.7
Primary 10.0 10.0 10.0 10.0 10.0 10.0 10.0 0.8 0.8 0.8 0.8
North Korea Secondary 5.0 5.0 5.0 5.0 5.0 5.0 5.0 0.4 0.4 0.4 0.4
Total 15.0 15.0 15.0 15.0 15.0 15.0 15.0 1.2 1.3 1.2 1.3
Oman Primary 20.7 13.9 11.9 12.0 15.0 15.0 15.0 1.2 1.3 1.2 1.3
Pakistan Primary 20.0 20.0 20.0 20.0 20.0 20.0 20.0 1.6 1.7 1.6 1.7
Peru Primary 381.3 296.1 360.4 341.5 312.7 312.7 299.0 26.0 30.2 26.9 29.0
2011
Jan-Dec
ICSG Copper Bulletin - March 2012 - 13 -
TABLE 4. WORLD COPPER SMELTER PRODUCTIONThousand metric tonnes, copper in primary and secondary blister and anode
COUNTRY Feed 2006 2007 2008 2009 2010 2010 2011
Type p/ Sep Oct Nov Dec
2011
Jan-Dec
Philippines Primary 239.6 219.9 239.7 230.1 216.2 216.2 205.0 16.7 17.3 16.7 17.3
Primary 445.1 438.1 438.6 427.8 452.2 452.2 449.0 36.9 38.1 36.9 38.1
Poland Secondary 80.0 39.8 43.8 68.8 94.3 94.3 88.7 8.0 7.6 8.0 8.0
Total 525.1 477.9 482.4 496.6 546.5 546.5 537.7 44.9 45.7 44.9 46.1
Primary 641.4 649.3 616.8 620.7 647.1 647.1 608.4 53.0 51.0 49.3 51.0
Russian Fed. Secondary 312.0 289.0 250.0 218.2 240.0 240.0 250.0 20.5 21.2 20.5 21.2
Total 953.4 938.3 866.8 838.9 887.1 887.1 858.4 73.5 72.2 69.9 72.2
Primary 301.1 297.6 316.9 277.9 286.6 286.6 301.7 25.5 26.3 25.5 26.3
Scandinavia 2/ Secondary 57.0 48.5 55.8 41.6 44.0 44.0 46.1 3.8 4.2 4.0 4.2
Total 358.1 346.1 372.7 319.4 330.6 330.6 347.7 29.2 30.5 29.5 30.5
Slovakia Secondary 22.0 20.6 27.5 34.2 46.5 46.5 48.8 3.7 2.6 2.9 2.4
South Africa Primary 98.9 111.9 94.8 86.9 75.9 75.9 82.4 5.4 7.1 6.8 7.1
Primary 263.1 250.7 256.9 262.6 236.0 236.0 231.3 22.6 24.5 24.5 24.5
Spain Secondary 0.6 6.7 3.0 6.4 19.0 19.0 21.7 1.9 1.7 1.7 1.7
Total 263.7 257.4 259.9 269.0 255.0 255.0 253.0 24.4 26.1 26.1 26.1
Primary 1.0 5.6
Thailand Secondary 0.1 0.5
Total 1.1 6.1
Primary 25.0 25.0 25.0 25.0 25.0 25.0 25.0 2.0 2.1 2.0 2.1
Turkey Secondary 5.0 5.0 5.0 5.0 5.0 5.0 5.0 0.4 0.4 0.4 0.4
Total 30.0 30.0 30.0 30.0 30.0 30.0 30.0 2.4 2.5 2.4 2.5
United States 3/ Primary 501.3 620.6 571.7 597.2 601.2 601.2 538.4 49.5 51.9 47.9 45.7
Uzbekistan Primary 93.0 90.2 90.1 90.0 90.0 90.0 90.0 7.4 7.6 7.4 7.6
Primary 40.0 30.2 31.9 27.0 20.0 20.0 31.9 2.5 2.6 2.6 3.0
Serbia Secondary 1.0 1.0 1.0 1.0 1.0 1.0 1.0 0.1 0.1 0.1 0.1
Total 41.0 31.2 32.9 28.0 21.0 21.0 32.9 2.6 2.7 2.7 3.1
Vietnam Primary 2.2 6.0 8.0 8.0 8.0 0.7 0.7 0.7 0.7
Zambia Primary 289.7 224.0 232.0 334.0 487.0 487.0 511.2 41.4 42.8 41.4 42.8Low-grade
Electrowon
Others Primary
Secondary Low-grade
Electrowon 10.0 1.8
WORLD Primary 11,976.8 12,137.5 12,393.1 12,569.1 12,953.6 12,953.6 12,730.3 1,061.1 1,071.5 1,058.6 1,126.0
TOTALS Secondary 1,979.9 2,123.3 2,349.9 2,394.9 2,710.2 2,710.2 3,083.3 269.5 295.9 242.6 259.3
Total 13,966.7 14,262.6 14,743.0 14,964.1 15,663.8 15,663.8 15,813.6 1,330.6 1,367.4 1,301.2 1,385.2
Source: Official country and company reports.
p/ Preliminary data.
1/ Secondary smelter production revised in August 2002 to reconcile the German figures with the definition used throughout this table.
2/ Includes Finland and Sweden.
3/ Since June 2000, only total U.S. smelter production is reported. Since that time the split between secondary and primary is estimated by the ICSG.
ICSG Copper Bulletin - March 2012 - 14 -
TABLE 5. WORLD COPPER REFINERY PRODUCTIONThousand metric tonnes, primary and secondary copper
COUNTRY Feed 2006 2007 2008 2009 2010 2010 2011
Source 1/ p/ Sep Oct Nov Dec
Argentina Secondary 16.0 16.0 16.0 16.0 16.0 16.0 16.0 1.3 1.4 1.3 1.4
Electrowon 52.4 42.1 53.0 23.4 14.4 14.4 42.5 3.5 5.8 4.8 5.2
Australia Primary 376.5 399.5 448.6 422.1 409.7 409.7 434.4 34.5 35.7 33.2 36.2
Total 428.9 441.6 501.5 445.5 424.1 424.1 476.9 38.0 41.5 38.0 41.4
Austria Secondary 72.6 81.4 106.7 96.2 113.7 113.7 112.5 9.2 9.4 9.1 9.4
Belgium- Primary 237.9 230.0 231.0 222.6 216.3 216.3 218.0 18.6 18.9 18.3 18.9
LuxembourgSecondary 152.8 164.5 162.7 150.1 164.9 164.9 172.5 14.6 14.5 14.3 14.2
Total 390.7 394.4 393.7 372.7 381.2 381.2 390.5 33.2 33.4 32.6 33.1
Bolivia Electrowon 0.2 0.9 0.9 3.1 0.3 0.4 0.3 0.3
Electrowon 0.9 3.8 6.5 7.4 7.4 4.4 0.4 0.4 0.3 0.3
Primary 179.7 178.4 183.7 176.4 177.8 177.8 169.4 13.5 13.2 12.3 13.2
Brazil Secondary 40.0 40.0 39.3 30.6 47.7 47.7 50.2 4.5 5.2 4.8 3.9
Total 219.7 219.3 226.8 213.4 232.9 232.9 224.0 18.4 18.8 17.4 17.4
Primary 60.7 64.4 114.2 183.6 195.4 195.4 201.5 17.5 16.6 16.0 16.6
Bulgaria Secondary 4.8 5.7 12.6 13.2 19.6 19.6 25.0 2.1 2.1 2.1 2.1
Total 65.6 70.0 126.7 196.9 215.1 215.1 215.1 19.6 18.7 18.1 18.7
Electrowon 1.5 1.6 0.8 3.2 3.2 1.0 0.1 0.1 0.1 0.1
Canada Primary 463.6 405.2 398.1 304.5 283.7 283.7 247.0 21.1 23.6 22.2 23.1
Secondary 36.9 46.9 42.4 30.6 32.3 32.3 25.8 2.0 2.0 2.2 1.7
Total 500.5 453.5 442.1 335.9 319.2 319.2 273.8 23.2 25.7 24.5 24.9
Electrowon 1,691.8 1,831.9 1,971.0 2,112.4 2,088.2 2,088.2 2,024.8 170.6 181.2 176.9 181.9
Chile Primary 1,119.5 1,104.4 1,086.6 1,159.1 1,155.4 1,155.4 1,067.6 87.5 87.1 79.2 88.3
Total 2,811.3 2,936.3 3,057.6 3,271.5 3,243.6 3,243.6 3,092.4 258.1 268.3 256.1 270.2
Electrowon 16.1 18.2 16.6 21.0 25.0 25.0 30.0 2.8 2.5 2.8 2.9
China Primary 1,988.1 2,345.2 2,581.9 2,751.0 2,897.0 2,897.0 3,355.7 293.1 286.0 275.7 313.2
Secondary 999.1 1,136.0 1,196.0 1,279.0 1,619.0 1,619.0 1,811.3 161.7 160.5 150.4 136.8
Total 3,003.3 3,499.4 3,794.6 4,051.0 4,541.0 4,541.0 5,197.1 457.6 449.0 429.0 452.9
Colombia Secondary 10.0 10.0 10.0 10.0 10.0 10.0 10.0 0.8 0.8 0.8 0.8
Electrowon 13.5 41.3 145.9 225.9 225.9 321.3 27.9 32.4 31.3 32.4
Congo, D.R. Primary 24.2 22.5 19.9 12.5 18.0 18.0 22.0 1.8 1.9 1.8 1.9
Total 24.2 36.0 61.2 158.4 243.9 243.9 343.3 29.7 34.2 33.1 34.2
Cyprus Electrowon 1.0 2.9 3.0 2.4 2.6 2.6 3.7 0.3 0.4 0.4 0.4
Egypt Secondary 4.0 4.0 4.0 4.0 4.0 4.0 4.0 0.3 0.3 0.3 0.3
Primary 312.1 301.9 300.5 330.0 401.9 401.9 393.6 35.0 33.2 32.1 33.2
Germany Secondary 350.2 363.6 389.3 339.0 302.4 302.4 326.4 28.0 26.1 25.3 26.1
Total 662.3 665.5 689.8 669.0 704.3 704.3 720.0 63.0 59.3 57.4 59.3
Primary 609.6 699.9 650.6 705.1 654.9 654.9 665.9 54.1 61.2 59.2 61.2
India Secondary 15.0 15.0 11.0 10.0 2.0 2.0 2.0 0.2 0.2 0.2 0.2
Total 624.6 714.9 661.6 715.1 656.9 656.9 667.8 54.3 61.3 59.3 61.3
Electrowon 1.1 1.4 1.4 0.09
Indonesia Primary 217.6 277.0 254.0 288.1 276.8 276.8 285.0 23.4 24.2 23.4 24.2
Total 217.6 277.0 254.0 289.2 278.2 278.2 285.1 23.4 24.2 23.4 24.2
Electrowon 9.0 7.7 7.3 6.8 7.4 7.4 9.5 0.8 0.9 0.9 0.9
Iran Primary 139.5 141.3 140.4 149.8 143.3 143.3 149.1 11.3 13.6 13.1 13.6
Secondary 52.4 55.3 53.0 53.7 69.2 69.2 68.0 5.3 5.6 5.4 5.6
Total 200.9 204.3 200.6 210.3 219.8 219.8 226.6 17.4 20.1 19.4 20.1
Italy Secondary 36.4 28.6 24.2 6.5 1.8 1.8 2.0 0.2 0.2 0.2 0.2
Primary 1,342.3 1,369.8 1,328.2 1,238.0 1,333.8 1,333.8 1,094.4 99.2 79.3 92.6 100.7
Japan Secondary 189.7 207.0 211.7 201.8 214.9 214.9 233.2 16.9 39.5 20.2 18.7
Total 1,532.1 1,576.8 1,539.8 1,439.8 1,548.7 1,548.7 1,327.6 116.1 118.8 112.8 119.4
2011
Jan-Dec
ICSG Copper Bulletin - March 2012 - 15 -
TABLE 5. WORLD COPPER REFINERY PRODUCTIONThousand metric tonnes, primary and secondary copper
COUNTRY Feed 2006 2007 2008 2009 2010 2010 2011
Source 1/ p/ Sep Oct Nov Dec
2011
Jan-Dec
Primary 427.7 406.1 398.4 346.0 323.4 323.4 338.3 28.7 29.1 30.4 30.1
Kazakhstan Electrowon
Total 427.7 406.1 398.4 346.0 323.4 323.4 338.3 28.7 29.1 30.4 30.1
Primary 541.1 537.0 489.0 448.6 462.2 462.2 480.1 40.1 41.4 40.1 40.0
Korean Rep. Secondary 34.4 45.0 42.0 90.3 97.0 97.0 113.6 11.0 14.3 15.0 15.0
Total 575.5 582.0 531.0 538.9 559.3 559.3 593.7 51.1 55.7 55.1 55.0
Laos Electrowon 60.8 62.5 64.1 67.5 64.2 64.2 78.9 6.9 7.0 6.8 7.0
Macedonia Electrowon 0.3 0.1 0.1 0.2
Electrowon 86.0 107.0 74.5 65.7 85.6 85.6 105.0 8.6 8.9 8.6 10.9
Mexico Primary 278.0 245.3 215.5 190.0 156.6 156.6 238.0 20.7 20.4 19.7 20.4
Secondary 5.0 5.0 5.0 5.0 5.0 5.0 5.0 0.4 0.4 0.4 0.4
Total 369.0 357.3 295.0 260.7 247.3 247.3 348.0 29.8 29.7 28.8 31.7
Mongolia Electrowon 2.4 2.4 2.6 2.5 2.6 2.6 2.4 0.2 0.2 0.2 0.2
Myanmar Electrowon 19.5 13.9 3.5 12.0 12.0 15.0 1.2 1.3 1.2 1.3
Primary 10.0 10.0 10.0 10.0 10.0 10.0 10.0 0.8 0.8 0.8 0.8
North Korea Secondary 5.0 5.0 5.0 5.0 5.0 5.0 5.0 0.4 0.4 0.4 0.4
Total 15.0 15.0 15.0 15.0 15.0 15.0 15.0 1.2 1.3 1.2 1.3
Oman Primary 20.7 13.9 11.9 12.0 15.0 15.0 15.0 1.2 1.3 1.2 1.3
Electrowon 173.8 172.1 160.1 162.8 153.0 153.0 139.0 10.3 10.5 10.2 11.1
Peru Primary 333.8 241.8 304.4 260.6 240.6 240.6 227.3 20.8 20.9 19.9 23.2
Total 507.6 413.9 464.5 423.4 393.6 393.6 366.3 31.1 31.4 30.0 34.3
Philippines Primary 181.0 160.2 174.6 178.0 176.0 176.0 164.0 13.3 14.4 13.9 14.4
Primary 476.1 493.2 483.0 433.6 452.7 452.7 481.8 39.0 40.0 38.8 41.0
Poland Secondary 80.5 39.8 43.8 68.8 94.3 94.3 89.0 7.9 8.0 8.0 8.2
Total 556.6 533.0 526.8 502.5 547.0 547.0 570.8 46.9 48.0 46.8 49.2
Primary 18.6 15.0 12.0 3.0
Romania Secondary 3.0 3.0 3.0 1.0
Total 21.5 18.0 15.0 4.0
Electrowon 4.8 10.0 10.0 10.0 10.0 10.0 10.0 0.8 0.8 0.8 0.8
Russian Fed. Primary 634.7 649.3 616.8 626.9 650.1 650.1 655.9 53.0 58.0 53.4 56.3
Secondary 311.9 289.0 250.0 218.1 239.5 239.5 250.0 20.5 21.2 20.5 21.2
Total 951.4 948.3 876.8 855.0 899.6 899.6 915.9 74.4 80.1 74.8 78.4
Primary 349.4 309.4 343.0 301.7 303.1 303.1 335.2 29.2 29.2 28.2 29.2
Scandinavia 2/ Secondary 57.2 48.5 53.1 43.3 44.0 44.0 45.7 3.8 4.0 3.9 4.0
Total 406.7 357.9 396.1 345.0 347.1 347.1 380.9 32.9 33.2 32.1 33.2
South Africa Primary 100.1 110.7 92.7 88.6 76.2 76.2 79.6 5.0 7.2 7.0 7.2
Electrowon 5.6 28.5 28.5 42.1 3.7 4.8 4.6 4.8
Spain Primary 235.3 243.0 257.0 250.2 236.0 236.0 225.7 22.4 21.8 21.8 21.8
Secondary 64.0 65.0 62.0 73.0 82.9 82.9 86.0 3.7 6.9 6.7 7.7
Total 299.3 308.0 319.0 328.8 347.4 347.4 353.8 29.9 33.5 33.1 34.2
Primary 18.7 7.6
Thailand Secondary 1.3 0.8
Total 20.0 8.4
Primary 100.8 94.6 83.0 28.5 42.3 42.3 80.0 8.2 8.0 8.2 8.0
Turkey Secondary 5.0 5.0 5.0 5.0 5.0 5.0 5.0 0.4 0.4 0.4 0.4
Total 105.8 99.6 88.0 33.5 47.3 47.3 85.0 8.6 8.4 8.6 8.4
ICSG Copper Bulletin - March 2012 - 16 -
TABLE 5. WORLD COPPER REFINERY PRODUCTIONThousand metric tonnes, primary and secondary copper
COUNTRY Feed 2006 2007 2008 2009 2010 2010 2011
Source 1/ p/ Sep Oct Nov Dec
2011
Jan-Dec
Electrowon 530.4 504.2 508.0 475.4 428.3 428.3 448.9 37.7 40.4 41.3 40.2
United States Primary 675.2 764.4 718.0 639.4 627.0 627.0 544.7 53.0 46.2 50.7 53.7
Secondary 44.8 42.2 54.3 46.4 38.1 38.1 37.8 3.0 3.1 3.0 3.1
Total 1,250.3 1,310.8 1,280.3 1,161.2 1,093.4 1,093.4 1,031.4 93.7 89.7 95.0 97.0
Ukraine Secondary 20.0 20.0 20.0 20.0 20.0 20.0 20.0 1.6 1.7 1.6 1.7
Uzbekistan Primary 92.8 89.6 70.4 82.5 90.0 90.0 90.0 7.4 7.6 7.4 7.6
Primary 40.0 30.6 32.8 27.0 20.0 20.0 28.3 2.4 2.1 2.9 3.0
Serbia Secondary 1.0 1.0 1.0 1.0 1.0 1.0 1.0 0.1 0.1 0.1 0.1
Total 41.0 31.6 33.8 28.0 21.0 21.0 29.3 2.5 2.2 3.0 3.1
Vietnam Primary 2.2 6.0 8.0 8.0 8.0 0.7 0.7 0.7 0.7
Electrowon 177.6 202.4 175.0 145.4 158.5 158.5 145.2 13.2 12.8 12.4 12.8
Zambia 3/ Primary 240.0 228.7 267.0 294.0 369.6 369.6 373.3 30.1 30.9 29.9 30.9
Total 417.6 431.1 442.0 439.4 528.1 528.1 518.5 43.3 43.7 42.3 43.7
Zimbabwe Primary 7.2 7.2 7.0 7.0 7.0 7.0 7.0 0.6 0.6 0.6 0.6
Electrowon
Others Primary
Secondary
Electrowon 2,825.5 2,993.2 3,091.8 3,258.9 3,319.1 3,319.1 3,427.1 289.5 310.8 304.1 313.6
WORLD Primary 11,852.5 12,196.9 12,326.3 12,176.4 12,429.9 12,429.9 12,685.7 1,087.2 1,074.8 1,054.7 1,134.3
TOTALS Secondary 2,613.0 2,743.2 2,823.0 2,817.8 3,249.4 3,249.4 3,517.1 299.9 328.6 296.6 283.7
Total 17,291.0 17,933.3 18,241.1 18,253.1 18,998.4 18,998.4 19,629.8 1,676.5 1,714.2 1,655.5 1,731.6
Source: Official country and company reports.
p/ Preliminary data.
1/ Primary feed sources include both fire-refined and electrolytic processes from mined and smelted materials. In some countries,
primary may also include electrowon from copper-nickel mattes. Commercial, high-grade electrowon cathode derived
from mine sites is shown under electrowon. Secondary includes fire-refined, and electrolytically refined scrap anode.
2/ Includes Finland, Norway and Sweden.
3/ SXEW production at the refined level, includes treatment of ore imported from Congo.
ICSG Copper Bulletin - March 2012 - 17 -
TABLE 6. WORLD COPPER PRODUCTION BY SOLVENT EXTRACTION
AND ELECTROWINNING PROCESSESThousand metric tonnes, copper
COUNTRY 2006 2007 2008 2009 2010 2010 2011
p/ Sep Oct Nov Dec
Australia 52.4 42.1 53.0 23.4 14.4 14.4 42.5 3.5 5.8 4.8 5.2
Bolivia 0.2 0.9 0.9 3.1 0.3 0.4 0.3 0.3
Brazil 0.9 3.8 6.5 7.4 7.4 4.4 0.4 0.4 0.3 0.3
Canada 1.5 1.6 0.8 3.2 3.2 1.0 0.1 0.1 0.1 0.1
Chile 1,691.8 1,831.9 1,971.0 2,112.4 2,088.2 2,088.2 2,024.8 170.6 181.2 176.9 181.9
China 16.1 18.2 16.6 21.0 25.0 25.0 30.0 2.8 2.5 2.8 2.9
Congo, D.R. 1/ 10.0 15.3 41.3 145.9 225.9 225.9 321.3 27.9 32.4 31.3 32.4
Cyprus 1.0 2.9 3.0 2.4 2.6 2.6 3.7 0.3 0.4 0.4 0.4
Indonesia 1.1 1.4 1.4 0.09
Iran 9.0 7.7 7.3 6.8 7.4 7.4 9.5 0.8 0.9 0.9 0.9
Kazakhstan
Laos 60.8 62.5 64.1 67.5 64.2 64.2 78.9 6.9 7.0 6.8 7.0
Macedonia 0.1 0.1 0.2
Mexico 86.0 107.0 74.5 65.7 85.6 85.6 105.0 8.6 8.9 8.6 10.9
Mongolia 2.4 2.4 2.6 2.5 2.6 2.6 2.4 0.2 0.2 0.2 0.2
Myanmar 19.5 13.9 3.5 12.0 12.0 15.0 1.2 1.3 1.2 1.3
Peru 173.8 172.1 160.1 162.8 153.0 153.0 139.0 10.3 10.5 10.2 11.1
Russian Fed. 4.8 10.0 10.0 10.0 10.0 10.0 10.0 0.8 0.8 0.8 0.8
Spain 5.6 28.5 28.5 42.1 3.7 4.8 4.6 4.8
United States 530.4 504.2 508.0 475.4 428.3 428.3 448.9 37.7 40.4 41.3 40.2
Zambia 2/ 177.6 202.4 175.0 145.4 158.5 158.5 145.2 13.2 12.8 12.4 12.8
Others
WORLD TOTAL 2,825.5 2,993.2 3,091.8 3,258.9 3,319.1 3,319.1 3,427.1 289.5 310.8 304.1 313.6
Source: Official country and company reports.
p/ Preliminary data.
1/ Low-grade electrowon cathode is included
2/ SXEW production at the refined level, includes treatment of ore imported from Congo.
2011
Jan-Dec
ICSG Copper Bulletin - March 2012 - 18 -
TABLE 7. WORLD REFINED COPPER USAGEThousand metric tonnes, refined copper
COUNTRY 2006 2007 2008 2009 2010 2010 2011
p/ Sep Oct Nov Dec
Argentina 30.0 30.6 30.5 27.4 25.9 25.9 28.4 2.4 2.5 2.4 2.5
Australia 143.4 147.6 150.7 129.5 131.1 131.1 121.5 10.0 7.5 7.5 7.4
Brazil 339.2 331.7 372.2 333.9 451.7 451.7 394.5 33.8 33.1 32.8 27.2
Bulgaria 46.0 58.5 58.6 51.8 44.6 44.6 47.6 9.8 4.9 2.2 5.3
Canada 276.6 169.2 167.2 131.8 135.7 135.7 144.6 10.4 12.1 12.0 8.6
Chile 1/ 110.7 105.3 103.3 91.3 100.2 100.2 96.2 7.4 8.9 7.8 4.6
China 3/ 9/ 3,604.2 4,957.1 5,202.1 7,118.7 7,393.9 7,393.9 7,916.8 735.6 768.2 779.4 831.5
Colombia 10.0 10.0 10.0 10.0 10.0 10.0 10.0 0.8 0.8 0.8 0.8
Czech Rep. 5.7 5.7 5.7 5.7 5.7 5.7 5.7 0.5 0.5 0.5 0.4
Ecuador 3.5 3.5 3.5 3.5 3.5 3.5 3.5 0.3 0.3 0.3 0.3
Egypt 108.0 138.9 171.4 171.5 171.4 171.4 159.1 13.6 14.0 14.0 13.0
Hungary 8.0 8.0 8.0 8.0 8.0 8.0 8.0 0.7 0.7 0.7 0.6
India 450.0 540.0 570.0 610.0 625.8 625.8 662.0 55.0 55.2 54.0 54.5
Indonesia 220.0 200.0 195.0 165.0 190.3 190.3 200.1 16.3 16.8 16.3 16.8
Iran 130.0 134.8 135.0 133.3 155.0 155.0 155.0 13.4 13.0 13.1 13.0
Japan 1,282.3 1,251.9 1,184.7 876.0 1,060.8 1,060.8 1,006.2 72.6 86.5 96.0 70.7
Kazakhstan 71.4 62.7 56.1 37.4 51.0 51.0 55.2 4.5 4.4 4.4 4.3
Korean Rep. 811.8 821.0 780.0 901.0 827.6 827.6 784.3 61.6 60.1 66.2 58.5
Malaysia 188.5 184.0 177.0 167.2 173.5 173.5 165.0 13.9 14.3 13.8 14.3
Mexico 360.0 340.0 325.0 277.3 286.3 286.3 296.9 25.5 24.9 24.9 23.9
North Korea 15.0 15.0 15.0 15.0 15.0 15.0 15.0 1.3 1.2 1.2 1.2
Oman 15.0 15.0 15.0 15.0 15.0 15.0 15.0 1.3 1.2 1.2 1.2
Pakistan 35.0 40.0 41.0 40.2 41.0 41.0 41.0 3.5 3.4 3.4 3.2
Peru 52.9 54.5 54.8 53.0 54.1 54.1 55.0 4.6 4.5 4.5 4.3
Philippines 42.0 40.0 39.3 38.0 39.1 39.1 40.0 3.4 3.3 3.3 3.1
Poland 275.0 296.6 246.9 213.6 267.9 267.9 252.0 22.5 22.3 18.5 19.5
Romania 26.8 41.6 35.5 13.3 0.6 0.6
Russian Fed. 691.7 670.6 664.8 374.0 449.2 449.2 716.5 55.5 54.7 62.4 37.6
Saudi Arabia 190.0 190.0 185.0 194.7 220.0 220.0 206.7 18.0 17.0 17.3 16.0
Slovakia 18.7 31.7 33.1 32.2 32.2 21.2 2.4 1.8 1.9 1.0
South Africa 89.7 93.0 86.1 85.6 72.9 72.9 88.6 5.3 8.0 7.1 7.3
Switzerland 4.7 5.7 5.9 3.4 2.5 2.5 2.0 0.2 0.2 0.2 0.2
Taiwan (China) 640.0 603.1 582.3 493.6 532.6 532.6 457.2 33.2 40.1 38.9 35.4
Thailand 254.0 250.0 240.0 215.0 240.1 240.1 247.8 20.0 22.0 21.0 20.0
Turkey 320.0 357.1 375.5 324.4 378.6 378.6 390.8 31.2 31.0 32.0 31.0
United Arab Emirates 33.0 83.0 165.0 165.0 193.2 16.0 17.0 16.0 15.0
Ukraine 20.0 20.0 20.0 20.0 20.0 20.0 20.0 1.7 1.6 1.6 1.6
United States 1/ 2,130.3 2,137.0 2,020.0 1,650.0 1,760.0 1,760.0 1,761.0 146.0 146.0 140.0 133.0
Uzbekistan 45.0 47.1 47.6 45.1 45.2 45.2 46.0 3.9 3.8 3.8 3.6
Venezuela 1.0 1.0 1.0 1.0 1.0 1.0 1.0 0.1 0.1 0.1 0.1
Vietnam 75.2 98.0 102.0 102.0 105.0 105.0 105.0 8.8 8.6 8.6 8.3
Serbia 36.3 37.0 37.0 36.0 36.0 36.0 36.0 3.0 3.0 3.0 2.8
Zambia 27.0 28.0 29.0 28.1 29.0 29.0 29.0 2.4 2.4 2.4 2.3
Zimbabwe 10.0 10.0 10.0 9.6 10.0 10.0 10.0 0.8 0.8 0.8 0.8
EU-15 5/ 3,835.9 3,623.8 3,426.9 2,748.9 2,988.8 2,988.8 2,969.8 215.4 270.3 245.8 184.3
Others 6/ 2.6 2.6 2.6 2.6 2.6 2.6 2.6 0.2 0.2 0.2 0.2
WORLD TOTAL 7/ 17,034.4 18,196.0 18,054.0 18,088.4 19,375.1 19,375.1 19,988.0 1,688.9 1,793.4 1,784.5 1,691.0
2011
Jan-Dec
ICSG Copper Bulletin - March 2012 - 19 -
TABLE 7. WORLD REFINED COPPER USAGEThousand metric tonnes, refined copper
COUNTRY 2006 2007 2008 2009 2010 2010 2011
p/ Sep Oct Nov Dec
2011
Jan-Dec
EUROPEAN UNION (EU-15) 8/
Austria 33.2 33.8 33.0 30.8 31.8 31.8 32.5 2.7 2.7 2.7 2.6
Belgium-Luxembourg 290.5 308.7 284.7 217.3 270.0 270.0 250.0 19.0 20.0 19.5 20.2
Denmark 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0
France 540.1 440.0 410.0 310.0 235.0 235.0 181.1 13.2 14.7 14.4 9.9
Germany 1,414.9 1,391.8 1,398.0 1,133.7 1,312.2 1,312.2 1,262.5 100.6 107.6 92.3 80.9
Greece 103.9 103.8 75.5 62.3 32.9 32.9 42.1 2.6 4.2 5.1 3.0
Italy 798.5 760.9 635.0 522.8 619.2 619.2 603.4 40.7 61.9 60.3 36.3
Netherlands 27.0 22.0 22.0 20.2 21.5 21.5 21.0 1.7 1.8 1.8 1.7
Portugal 1.5 1.5 1.5 1.5 1.5 1.5 1.5 0.1 0.1 0.1 0.1
Scandinavia 4/ 266.2 254.0 246.4 232.0 234.8 234.8 246.9 22.7 22.0 21.4 26.8
Spain 319.1 330.0 385.0 338.1 353.0 353.0 330.5 19.7 31.7 28.5 20.8
United Kingdom 180.0 55.0 54.0 49.0 50.0 50.0 50.0 4.2 4.1 4.1 3.9
Source: Official country and company reports.
p/ Preliminary data.
1/ Reported usage
2/ Including variation of German brands in LME warehouses in Germany until end 2003.
3/ After 1996 Hong Kong usage is included in China.
4/ Includes Finland and Sweden. Norway is included in others.
5/ Based on apparent usage taking into consideration extra EU-15 trade. (since 1995)
6/ Includes Israel, Norway, Tunisia.
7/ World total based on EU-15 apparent usage (since 1995)
8/ Individual EU-15 country data, based on reported data, apparant calculation and estimates
9/ Chinese apparent consumption, accounting for changes in SHFE, but not accounting for changes in strategic stock pile.
TABLE 8A. REFINED COPPER STOCKS AT METAL EXCHANGESThousand metric tonnes, refined copper, end of period
STOCK TYPE AND 2006 2007 2008 2009 2010
COUNTRY Sep Oct Nov Dec Jan Feb
LONDON METAL EXCHANGE
Belgium 0.000 1.075 2.025 2.325 0.750 0.425 0.425 0.425 0.375 0.250 0.175
France 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Germany 0.000 0.000 15.975 12.025 10.025 7.800 7.800 7.800 7.800 2.500 1.075
Italy 4.200 16.000 27.125 5.125 3.575 7.325 8.950 10.350 8.400 6.800 11.300
Korean rep. 50.475 78.925 61.425 110.900 49.525 108.700 57.600 41.675 25.000 15.475 10.625
Malaysia 0.000 0.125 0.000 3.575 1.925 9.950 5.250 3.100 2.300 0.875 0.875
Netherlands 18.275 24.225 90.700 35.000 14.450 36.400 37.800 33.850 31.250 26.725 25.900
Singapore 32.200 13.300 11.375 25.425 11.175 41.400 38.775 16.625 9.850 9.750 10.250
Spain 0.925 2.775 23.475 13.200 1.525 1.525 1.525 1.025 1.025 0.825 0.100
Sweden 3.350 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
United Arab Emirates 0.150 0.025 0.025 0.500 0.000 0.000 0.000 0.000 0.000 0.000 0.000
United Kingdom 5.400 1.925 2.500 10.925 0.275 0.400 0.550 0.725 0.075 0.075 0.225
United States 75.600 60.550 105.925 283.400 284.450 261.025 266.075 271.125 285.500 266.025 231.725
Total LME 190.575 198.925 340.550 502.400 377.675 474.950 424.750 386.700 371.575 329.300 292.250
COMEX 30.915 13.816 31.311 89.976 58.616 79.392 81.571 78.961 79.817 80.794 83.123
SHFE 31.300 25.597 17.822 95.315 131.891 97.911 73.768 65.205 93.219 131.645 216.086
TOTAL EXCHANGES 252.790 238.338 389.683 687.691 568.182 652.253 580.089 530.866 544.611 541.739 591.459
2011 2012
ICSG Copper Bulletin - March 2012 - 20 -
TABLE 8B. REFINED COPPER STOCKS AT PRODUCERS,
CONSUMERS AND MERCHANTSThousand metric tonnes, refined copper, end of period
STOCK TYPE AND 2006 2007 2008 2009 2010
COUNTRY Sep Oct Nov Dec
Australia (producers) 1/ 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0
Brazil (producers) 10.6 14.2 27.5 27.1 16.2 16.2 16.2 16.2 16.2
Bulgaria 1/ 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4
Canada (producers) 13.8 12.1 8.7 1.7 8.8 3.5 3.7 1.6 3.8
Chile (producers) 2/ 302.4 223.7 194.8 195.7 179.0 214.8 223.6 174.3 198.7
China (total) 1/ 73.0 63.0 80.0 80.0 80.0 80.0 80.0 80.0 80.0
France (consumers) 20.2 20.1 28.0 21.0 11.0 13.0 13.0 13.0 13.0
Germany Total 3/ 70.0 70.0 70.0 70.0 70.0 70.0 70.0 70.0 70.0
India (producers/merchants) 1/ 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0
Italy (consumers) 12.0 11.6 11.2 11.3 11.2 11.2 11.2 11.2 11.2
Japan (producers) 76.0 71.0 71.9 75.2 89.9 119.8 107.9 91.6 97.3
Japan (merchants) 6.3 9.9 14.5 9.9 9.5 12.0 9.6 5.9 16.7
Japan (consumers) 20.5 21.0 37.9 18.7 10.8 15.6 15.2 10.4 7.0
Japan Total 102.8 101.9 124.4 103.9 110.3 147.3 132.7 107.9 121.0
Korean Rep. (producers) 45.0 20.0 20.0 20.0 20.0 20.0 20.0
Peru (producers) 1/ 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0
Philippines Total 1/ 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0
Poland (producers) 1/ 17.1 21.0 10.7 6.8 9.8 9.8 9.8 9.8 9.8
Scandinavia (producers) 1/ 8.2 12.5 10.2 10.2 10.2 10.2 10.2 10.2 10.2
South Africa (producers) 1/ 13.0 13.0 13.0 13.0 13.0 13.0 13.0 13.0 13.0
United Kingdom (consumers) 1/ 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0
U.S. (producers) 28.1 20.0 15.7 23.7 10.3 7.1 5.9 8.0 8.1
U.S. (consumers) 61.7 63.8 34.2 37.2 31.0 29.6 29.3 28.5 35.4
U.S. Total 89.8 83.8 49.9 60.9 41.3 36.7 35.2 36.5 43.5
Zambia (producers) 1/ 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0
TOTAL COUNTRY STOCKS 821.8 731.7 712.2 665.4 624.6 689.5 682.4 607.6 654.2
REFINED STOCK SUMMARY
Producers 693.7 572.9 548.9 559.9 543.7 600.7 596.7 531.2 563.5
Merchants 6.3 14.9 24.5 9.9 9.5 12.0 9.6 5.9 16.7
Consumers 121.8 133.9 128.7 95.6 71.4 76.9 76.1 70.5 74.0
Government 10.0 10.0
Exchanges 252.8 238.3 389.7 687.7 568.2 652.3 580.1 530.9 544.6
TOTAL ALL STOCKS 1,074.6 970.0 1,101.8 1,353.1 1,192.8 1,341.7 1,262.5 1,138.5 1,198.8
Sources: Official country and company reports. Estimates by ICSG are in italics.
1/ Estimates.
2/ Stocks are calculated monthly on the basis of production, plus previous month stocks, less net trade, less reported usage.
3/ From 2004 onwards, only total stocks, ICSG estimate.
4/ From 2005 onwards, only total stocks, ICSG estimate
2011
ICSG Copper Bulletin - March 2012 - 21 -
TABLE 9. LME AND COMEX PRICESCurrency in U.S. Dollars
LME LME COMEX COMEX
PERIOD Grade A, Cash Grade A, Cash HG, 1st Pos. HG, 1st Pos.
$/metric tonne Cents/pound $/metric tonne Cents/pound
ANNUAL AVERAGES
2002 1,557.50 70.65 1,580.41 71.69
2003 1,779.87 80.73 1,785.47 80.99
2004 2,868.34 130.11 2,847.74 129.17
2005 3,683.64 167.09 3,710.51 168.31
2006 6,727.17 305.14 6,821.52 309.42
2007 7,126.35 323.25 7,117.39 322.84
2008 6,951.52 315.32 6,904.48 313.18
2009 5,163.59 234.22 5,214.71 236.54
2010 7,539.32 341.98 7,554.25 342.66
2011 8,810.90 399.66 8,783.35 398.41
2012(*) 8,233.07 373.45 8,283.42 375.73
February 9,867.58 447.59 9,944.70 451.08
March 9,530.65 432.30 9,523.10 431.96
April 9,483.25 430.15 9,519.40 431.79
May 8,927.05 404.92 8,935.32 405.30
June 9,045.43 410.29 9,059.08 410.91
July 9,619.24 436.32 9,703.40 440.14
August 9,041.30 410.11 8,991.02 407.83
September 8,314.84 377.16 8,240.50 373.78
October 7,347.50 333.28 7,371.30 334.36
November 7,551.77 342.54 7,596.62 344.58
December 7,567.55 343.26 7,566.57 343.21
January 8,043.45 364.85 8,088.20 366.88
February 8,422.69 382.05 8,478.64 384.59
High 8,658.00 392.72 8,762.26 397.45 28 Feb 2012
Low 7,471.00 338.88 7,523.27 341.25 05 Jan 2012
01-Feb-12 8,351.50 378.82 8,462.43 383.85
02-Feb-12 8,339.00 378.25 8,326.85 377.70
03-Feb-12 8,320.00 377.39 8,591.40 389.70
06-Feb-12 8,463.00 383.88 8,507.63 385.90
07-Feb-12 8,335.50 378.09 8,537.39 387.25
08-Feb-12 8,586.00 389.45 8,611.25 390.60
09-Feb-12 8,520.50 386.48 8,762.26 397.45
10-Feb-12 8,591.00 389.68 8,508.73 385.95
13-Feb-12 8,512.00 386.10 8,459.13 383.70
14-Feb-12 8,405.00 381.24 8,402.91 381.15
15-Feb-12 8,395.50 380.81 8,373.15 379.80
16-Feb-12 8,209.50 372.38 8,351.10 378.80
17-Feb-12 8,370.00 379.66 8,168.12 370.50
20-Feb-12 8,234.00 373.49
21-Feb-12 8,325.00 377.62 8,451.41 383.35
22-Feb-12 8,391.00 380.61 8,443.69 383.00
23-Feb-12 8,408.00 381.38 8,387.48 380.45
24-Feb-12 8,441.00 382.88 8,515.34 386.25
27-Feb-12 8,436.00 382.65 8,555.03 388.05
28-Feb-12 8,658.00 392.72 8,624.47 391.20
29-Feb-12 8,585.00 389.41 8,532.98 387.05
(*) Year to date
2012 HIGHS AND LOWS
Daily Prices - February 2012
2011 MONTHLY AVERAGES
2012 MONTHLY AVERAGES
ICSG Copper Bulletin - March 2012 - 22 -
TABLE 10. WORLD COPPER AND COPPER ALLOY SEMIFABRICATES PRODUCTION 1/2/
Thousand metric tonnes, gross weight
COUNTRY Semis- 2008 2009 2010 2011
Type p/ p/ Jan-Nov Jun Jul Aug Sep Oct Nov
Albania Copper
Benelux 3/ Total 276.4 229.7 288.4
Copper 219.0 192.1
Brazil 4/ Not Specif. 152.1 123.2 148.8
Total 371.1 315.3 148.8
Bulgaria Total 56.6 27.9 42.6
Copper 5,537.2
China Cu Alloy 2,829.8
Total 8,367.0 8,736.4 10,092.7 9,360.3 900.5 895.9 925.1 944.1 915.9 981.2
Egypt Total 170.0 171.5 171.4
France Total 472.9 327.6 323.1 185.8 20.0 19.2 13.7 21.6
Copper 1,238.6 937.7 1,083.7 837.6 84.1 95.8 87.2 85.7
Germany Cu Alloy 581.9 419.5 572.0 434.4 43.2 49.2 42.3 46.7
Total 1,820.5 1,357.2 1,655.7 1,272.1 127.3 145.0 129.5 132.4
Greece Total 91.4 59.2 62.9
India 5/ Copper 452.1 441.8 386.4
Copper 617.1 546.3 595.8 511.7 49.4 41.2 41.2 41.2 44.4 44.4
Italy Cu Alloy 572.2 390.7 515.7 464.9 47.8 35.4 35.4 35.4 36.6 36.6
Total 1,189.3 937.0 1,111.5 976.5 97.2 76.6 76.6 76.6 81.1 81.1
Copper 1,190.2 884.0 1,035.8 946.4 87.6 86.6 73.7 82.0 83.8 87.3
Japan Cu Alloy 467.8 317.9 422.2 342.7 32.9 32.3 28.4 31.8 29.6 30.9
Total 1,657.9 1,202.0 1,458.0 1,289.0 120.5 118.8 102.1 113.9 113.3 118.2
Kazakhstan Total 53.7 18.9 37.8 32.6 2.0 2.0 3.4 3.4 2.7 3.6
Copper 869.3 870.1 867.5 746.0 71.1 67.3 67.3 67.3 63.3 63.3
Korean Rep. Cu Alloy 420.9 388.3 459.2 397.4 37.4 34.8 34.8 34.8 34.8 34.8
Total 1,290.1 1,258.5 1,326.6 1,143.4 108.4 102.1 102.1 102.1 98.1 98.1
Malaysia Total
Copper 333.7
Mexico Cu Alloy 46.1
Total 379.8
Copper 238.7 203.5 265.8 132.1 20.2
Poland Cu Alloy 25.6 22.7
Total 264.4 226.2 265.8 132.1 20.2
Romania Total 26.0 10.0 5.0
Russian Fed. Total
Scandinavia Total 68.8 48.8 58.2
Serbia Total 60.4 56.0 62.3
2011
ICSG Copper Bulletin - March 2012 - 23 -
TABLE 10. WORLD COPPER AND COPPER ALLOY SEMIFABRICATES PRODUCTION 1/2/
Thousand metric tonnes, gross weight
COUNTRY Semis- 2008 2009 2010 2011
Type p/ p/ Jan-Nov Jun Jul Aug Sep Oct Nov
2011
Slovakia Total 31.1 30.6 27.3 20.1 2.3 2.2 0.6 2.8 1.8 2.0
Slovenia Total
South Africa Copper 51.4
Copper 320.1 291.8 287.6 256.3 23.8 24.0 12.4 23.9 24.4 24.8
Spain Cu Alloy 64.5 56.8 57.1 45.1 4.5 4.0 0.9 4.1 4.1 4.0
Total 384.6 348.6 344.6 301.3 28.3 28.0 13.3 28.0 28.5 28.7
Switzerland Total
Copper 393.8 377.1 448.9 363.3 31.9 31.0 39.0 29.4 30.0 30.3
Taiwan (China) Cu Alloy 108.4 99.1 117.8 98.2 9.1 8.9 8.7 8.3 8.5 8.6
Not Specif. 259.5 240.0 287.7 232.1 20.5 21.8 22.1 19.8 17.6 16.7
Total 761.7 716.2 854.4 693.6 61.5 61.7 69.8 57.5 56.2 55.6
Thailand 6/ Total
Turkey 9/ Wirerod 350.0 312.7 354.0
Copper
Ukraine Cu Alloy
Total
Copper 47.8 44.5
United Kingdom Cu Alloy 10.4
Total 98.8 55.8
Copper 2,093.5 1,634.1 1,612.3 1,589.0 148.3 136.2 144.3 141.0 141.7 128.2
United States 7/ Cu Alloy 552.8 409.8 321.9 440.3 42.4 36.1 39.9 38.9 39.3 37.0
Total 2,646.3 2,043.9 1,934.3 2,029.3 190.7 172.2 184.2 179.9 181.0 165.2
Uzbekistan Total
Vietnam Total
Zambia Total
Others Total 280.2 295.4 180.8
Copper 15,247.1 7,359.9 7,748.5 5,435.0 520.6 486.3 469.1 476.8 392.1 383.9
WORLD TOTALS Cu Alloy 5,773.4 2,108.5 2,473.4 2,222.9 217.2 200.7 190.5 200.1 153.0 151.9
By Semifabricate Not Specif. (8) 652.5 9,759.8 10,971.9 9,778.3 941.0 936.8 960.9 985.5 933.5 997.9
Type Total 21,672.9 19,228.2 21,193.8 17,436.2 1,678.9 1,623.7 1,620.5 1,662.3 1,478.5 1,533.7
Source: Official country and company reports.
p/ Preliminary. For some countries incomplete.
1/ Semifabricate types do not include castings at foundries, or chemicals.
2/ Beginning with the March 03 issue of the Copper Bulletin, "copper semis" includes only wire rod and wire drawn from other unwrought copper shapes besides brass
mill products. Production of downstream wire mill products, which does not represent the first use of refined copper, is excluded and historical data has been adjusted
to reflect this change.
3/ From 2001 onwards only Belgium (source: Statistical Office)
4/ Copper content
5/ Copper wire rod production ("CCR"). From 2003 onwards only production from refined producers. Since 2006 includes as well one CCR producer.
6/ From 1999 onwards, only copper tube and copper wire rod.
7/ 2006 data may not be comparable to prior year periods
8/ Includes all semis production of not specified composition.
9/ From 2007 onwards only Wirerod
ICSG Copper Bulletin - March 2012 - 24 -
TABLE 11A. IMPORTS OF COPPER ORES AND CONCENTRATES 1/
Thousand metric tonnes, gross weight and copper content
COUNTRY UNIT 2008 2009 2010 2011
p/ Jan-Nov Jun Jul Aug Sep Oct Nov
Australia Gross Wt. 0.0 0.0 0.2 0.0 0.0
Cu Cont. 0.0 0.0 0.1 0.0 0.0
Belgium Gross Wt. 12.1 16.4 10.6 12.5 0.7 0.4 1.6 0.6 1.6 1.2
Cu Cont. 3.6 4.9 3.1 3.7 0.2 0.1 0.5 0.2 0.5 0.3
Brazil Gross Wt. 473.7 422.6 467.9 415.9 35.4 25.6 52.0 10.0 39.8 56.5
Cu Cont. 142.2 146.8 140.4 124.8 10.6 7.7 15.6 3.0 11.9 16.9
Bulgaria Gross Wt. 604.8 635.0 551.6 526.7 26.5 17.2 111.2 26.8 85.9 92.1
Cu Cont. 181.4 190.5 165.5 66.7 7.9 5.2 3.4
Canada Gross Wt. 246.1 171.9 148.1 46.0 4.2 4.3 3.9 5.2 5.2 4.4
Cu Cont. 73.8 51.6 44.4 13.8 1.2 1.3 1.2 1.6 1.5 1.3
Chile Gross Wt. 124.2 53.0 154.9 172.7 14.3 25.8 25.8 25.8 11.3 11.3
Cu Cont. 37.2 15.9 46.5 51.8 4.3 7.7 7.7 7.7 3.4 3.4
China Gross Wt. 5,187.0 6,132.3 6,468.1 5,811.9 582.9 453.6 675.9 562.5 517.1 672.6
Cu Cont. 1,452.4 1,655.7 1,811.1 1,627.3 163.2 127.0 189.3 157.5 144.8 188.3
Finland Gross Wt. 536.6 352.4 458.2 380.1 12.2 32.5 37.8 35.2 52.4 40.7
Cu Cont. 161.0 105.7 137.4 114.0 3.7 9.7 11.3 10.6 15.7 12.2
Germany Gross Wt. 1,088.3 1,252.4 1,128.5 1,061.1 127.6 69.6 113.4 90.1 83.8 106.3
Cu Cont. 326.5 375.7 338.5 318.3 38.3 20.9 34.0 27.0 25.1 31.9
India Gross Wt. 2,070.9 2,103.9 1,951.5 1,128.0 134.0 254.4
Cu Cont. 621.3 631.2 585.5 338.4 40.2 76.3
Indonesia Gross Wt. 0.1 10.0 0.2 11.3 0.0 0.0 0.0 0.0 0.0 11.3
Cu Cont. 0.0 3.0 0.1 3.4 0.0 0.0 0.0 0.0 0.0 3.4
Japan Gross Wt. 4,941.3 4,775.7 4,354.6 4,047.6 361.3 410.9 402.0 330.8 412.0 319.4
Cu Cont. 1,482.4 1,243.5 1,306.4 1,214.3 108.4 123.3 120.6 99.2 123.6 95.8
Kazakhstan Cu Cont. 0.0 1.0 0.0 0.0 0.0 0.0 0.0 0.0
Korean Rep. Gross Wt. 1,483.9 1,598.7 1,728.6 1,589.3 128.3 142.7 166.1 171.7 147.5 154.1
Cu Cont. 445.2 479.6 518.6 476.8 38.5 42.8 49.8 51.5 44.2 46.2
Mexico Gross Wt. 154.8 13.6 32.9 59.0 1.8 0.9 4.5 19.3 2.0 0.3
Cu Cont. 46.5 4.1 9.9 17.7 0.5 0.3 1.3 5.8 0.6 0.1
Oman Gross Wt. 20.4 6.7 37.1
Cu Cont. 6.1 2.0 11.1
Philippines Gross Wt. 621.6 698.0 638.6 446.1 20.4 37.5 39.9 39.1 33.2 17.3
Cu Cont. 186.5 209.4 191.6 133.8 6.1 11.2 12.0 11.7 10.0 5.2
Poland Cu Cont. 18.7 23.4 11.4 0.0
Russian Fed. Gross Wt. 124.8 138.4 72.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Cu Cont. 37.5 41.5 21.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0
South Africa Gross Wt. 35.0 15.5 0.6 0.5 0.1 0.0 0.0 0.0 0.0 0.0
Cu Cont. 10.5 4.7 0.2 0.1 0.0 0.0 0.0 0.0 0.0 0.0
Spain Gross Wt. 1,122.1 1,184.3 1,229.1 1,273.8 131.5 145.4 70.0 165.1 112.8 164.0
Cu Cont. 336.6 355.3 368.8 379.1 36.5 43.6 21.0 49.5 33.8 49.2
Sweden Gross Wt. 393.6 370.8 302.5 288.8 0.0 43.4 23.2 0.0 33.3 45.2
Cu Cont. 118.1 111.2 90.8 88.3 0.0 13.9 7.4 0.0 10.0 13.6
Thailand Gross Wt. 0.0 0.0 0.4 0.3 0.0 0.0 0.0 0.0 0.0 0.1
Cu Cont. 0.2 0.0 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0
Turkey Gross Wt. 3.9 0.0 1.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Cu Cont. 1.2 0.0 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0
United States Gross Wt. 3.3 3.3 0.0 15.1 2.1 4.9 2.3 3.9 0.8 0.0
Cu Cont. 1.0 1.0 0.0 4.5 0.6 1.5 0.7 1.2 0.2 0.0
Serbia Gross Wt. 55.7 33.9 3.1 1.0 0.0 0.0 0.0 0.0 0.0
Cu Cont. 16.7 10.1 0.0 0.9 0.3 0.0 0.0 0.0 0.0 0.0
Zambia Gross Wt. 260.3 376.9 272.5
Cu Cont. 85.9 113.1 81.8
Others Cu Cont. 7.1 15.4 3.4 7.4 0.4 0.5 0.6 0.4 0.3 0.2
TOTAL IMPORTS, copper content 5,799.5 5,795.4 5,889.6 4,985.4 461.0 493.1 476.5 427.0 425.8 468.2
EU-15 2/ Gross Wt. 2,771.0 2,840.6 2,848.9 2,757.1 248.5 284.1 230.8 272.7 241.1 330.2
Cu Cont. 831.3 852.2 853.1 827.1 74.6 85.2 69.2 81.8 72.3 99.1
EU-27 3/ Gross Wt. 3,419.9 3,532.1 3,352.5 2,966.9 268.2 311.1 242.2 292.7 255.2 368.1
Cu Cont. 1,026.0 1,059.6 1,005.8 890.1 80.5 93.3 72.7 87.8 76.6 110.4
Source: Official country trade statistics.
p/ Preliminary. For some countries incomplete.
1/ Conversion from Gross to Net, or vice versa, is based on 30% Cu grade, if no specific information available.
2/ Includes only Extra EU-15 trade. 3/ Includes only Extra EU-27 trade.
2011
ICSG Copper Bulletin - March 2012 - 25 -
TABLE 11B. EXPORTS OF COPPER ORES AND CONCENTRATES 1/
Thousand metric tonnes, gross weight and copper content
COUNTRY UNIT 2008 2009 2010 2011
p/ Jan-Nov Jun Jul Aug Sep Oct Nov
Argentina Gross Wt. 628.2 545.9 565.7 421.9 36.8 43.3 43.3 43.3 33.3 33.3
Cu Cont. 163.5 142.0 156.9 126.6 11.0 13.0 13.0 13.0 10.0 10.0
Australia Gross Wt. 1,806.6 1,919.3 1,944.7 1,655.9 146.2 156.0 156.0 156.0 167.6 167.7
Cu Cont. 542.0 575.8 583.4 496.7 43.8 46.8 46.8 46.8 50.3 50.3
Armenia Gross Wt. 68.7 81.4 116.0
Cu Cont. 17.2 19.5 22.0
Bulgaria Gross Wt. 105.9 134.9 81.4 111.4 8.8 16.0 10.8 10.4 17.0 11.1
Cu Cont. 31.8 40.5 21.5 21.9 2.6 4.8 3.2
Brazil Gross Wt. 637.9 597.4 631.0 555.1 49.0 71.8 54.2 31.4 84.9 54.5
Cu Cont. 191.4 179.2 189.3 166.5 14.7 21.5 16.3 9.4 25.5 16.3
Canada Gross Wt. 1,130.4 857.7 818.3 1,113.9 85.3 187.6 113.3 140.0 134.1 109.1
Cu Cont. 339.1 257.3 245.5 334.2 25.6 56.3 34.0 42.0 40.2 32.7
Chile Gross Wt. 6,464.8 5,993.4 5,646.7 5,099.5 390.2 560.5 398.9 462.2 539.8 519.8
Cu Cont. 2,133.4 1,798.0 1,863.4 1,529.9 117.1 168.2 119.7 138.7 161.9 155.9
China Gross Wt. 2.4 0.5 0.2 0.1 0.0 0.0 0.0 0.0 0.0 0.0
Cu Cont. 0.7 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Colombia Gross Wt. 6.5 15.8 2.5 3.9 0.0 0.3 0.3 0.3
Cu Cont. 2.0 4.8 0.2 1.2 0.0 0.1 0.1 0.1
Georgia Gross Wt. 94.7 79.0 50.8
Cu Cont. 20.8 17.4 11.2
Germany Gross Wt. 48.2 58.9 48.8 50.5 3.9 6.6 2.1 7.4 0.1 6.6
Cu Cont. 14.5 17.7 14.6 15.1 1.2 2.0 0.6 2.2 0.0 2.0
India Gross Wt. 26.7 0.5 40.1 8.0 0.0 0.0
Cu Cont. 8.0 0.2 12.0 2.4 0.0 0.0
Indonesia Gross Wt. 1,627.0 2,330.3 2,642.1 1,405.2 196.1 189.3 123.7 163.2 113.4 0.9
Cu Cont. 520.6 745.7 845.5 449.7 62.7 60.6 39.6 52.2 36.3 0.3
Kazakhstan Gross Wt. 308.1 516.2 510.6 387.3 30.7 23.7 63.6 65.4
Cu Cont. 92.5 154.9 153.2 116.2 9.2 7.1 19.1 19.6
Mexico Gross Wt. 199.2 241.8 374.1 393.5 19.7 43.6 46.3 77.0 36.2 48.7
Cu Cont. 59.7 72.5 112.3 118.0 5.9 13.1 13.9 23.1 10.9 14.6
Mongolia Gross Wt. 523.4 530.3 517.6 296.1 43.8 41.2
Cu Cont. 126.3 125.8 122.4 69.7 10.3 9.7
Morocco Gross Wt. 33.6 58.4 48.0 39.8 6.0 3.1 3.1 3.1 1.8 1.8
Cu Cont. 10.2 17.6 14.4 11.9 1.8 0.9 0.9 0.9 0.5 0.5
Papua New Guinea 4/ Gross Wt. 532.3 555.7 532.5
Cu Cont. 159.7 166.7 159.7
Peru Gross Wt. 2,909.5 2,889.8 3,027.2 2,768.9 325.3 202.5 339.3 267.0 239.4 193.7
Cu Cont. 872.9 866.9 908.2 830.7 97.6 60.7 101.8 80.1 71.8 58.1
Philippines Gross Wt. 110.3 164.0 292.3 301.3 32.2 25.6 37.9 12.5 32.3 17.6
Cu Cont. 33.1 49.2 87.7 90.4 9.7 7.7 11.4 3.7 9.7 5.3
Poland Gross Wt. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Cu Cont. 0.0 0.0 0.0 0.0
Portugal Gross Wt. 377.3 352.1 302.1 291.5 16.1 6.7 23.3 36.1 36.1 40.8
Cu Cont. 92.1 90.8 74.4 70.1 3.9 1.6 5.5 8.6 8.6 9.7
Romania Gross Wt. 33.4 6.7 31.6 38.3 2.6 2.8 3.9 3.9 5.7 4.2
Cu Cont. 10.0 2.0 8.4 6.8 0.8 0.9 1.2
Russian Fed. Gross Wt. 8.0 16.8 6.6 36.4 5.8 5.5 3.7 2.6 2.6 9.8
Cu Cont. 2.4 5.0 2.0 10.9 1.7 1.6 1.1 0.8 0.8 2.9
South Africa Gross Wt. 361.1 261.4 237.6 221.4 23.6 12.9 29.6 16.2 22.0 33.8
Cu Cont. 108.3 78.4 71.3 66.4 7.1 3.9 8.9 4.9 6.6 10.1
Spain Gross Wt. 0.5 110.7 221.4 524.8 32.2 86.4 24.8 67.5 51.1 65.1
Cu Cont. 0.1 33.2 66.4 157.4 9.7 25.9 7.4 20.2 15.3 19.5
Sweden Gross Wt. 0.0 0.0 0.0 8.0 0.0 2.9
Cu Cont. 0.0 0.0 0.0 2.4 0.0 0.9
Turkey Gross Wt. 252.0 356.9 421.5 229.7 11.0 35.0 22.6 12.7 17.4 35.5
Cu Cont. 54.2 76.7 90.6 57.1 2.6 7.5 6.8 3.8 5.2 10.7
United States Gross Wt. 1,003.2 502.5 455.3 752.0 107.2 63.3 41.6 103.4 45.8 79.7
Cu Cont. 301.2 150.8 136.6 225.6 32.1 19.0 12.5 31.0 13.7 23.9
2011
ICSG Copper Bulletin - March 2012 - 26 -
TABLE 11B. EXPORTS OF COPPER ORES AND CONCENTRATES 1/
Thousand metric tonnes, gross weight and copper content
COUNTRY UNIT 2008 2009 2010 2011
p/ Jan-Nov Jun Jul Aug Sep Oct Nov
2011
Zambia Gross Wt. 349.9 401.7 132.1
Cu Cont. 72.5 120.5 39.6
Others Cu Cont. 83.7 85.2 47.1 16.0 0.8 0.5 0.6 2.0 3.8 5.1
TOTAL EXPORTS, Copper content 6,063.8 5,894.6 6,059.8 4,994.0 471.9 533.2 464.2 504.0 471.2 428.0
EU-15 2/ Gross Wt. 33.8 179.5 227.4 590.8 34.6 86.5 27.1 82.8 51.6 80.9
Cu Cont. 10.1 53.8 68.2 176.5 10.4 26.0 8.1 24.8 15.5 24.3
EU-27 3/ Gross Wt. 144.5 255.6 205.1 287.0 22.4 22.2 29.5 34.1 23.8 40.7
Cu Cont. 43.4 76.7 61.5 86.1 6.7 6.7 8.8 10.2 7.1 12.2
Source: Official country trade statistics.
p/ Preliminary. For some countries incomplete.
1/ Conversion from Gross to Net, or vice versa, is based on 30% Cu grade, if no specific information available.
2/ Extra EU-15 trade only. 3/ Extra EU-27 trade only. 4/ Assumes all production is exported.
TABLE 12A. IMPORTS OF COPPER BLISTER AND ANODEThousand metric tonnes, copper in blister and anode
COUNTRY 2008 2009 2010 2011
p/ Jan-Nov Jun Jul Aug Sep Oct Nov
Austria 39.7 24.5 36.2 42.3 7.8 5.2 1.8 3.2 3.3 2.0
Australia 47.4 70.3 58.3 19.7 2.0
Belgium 220.8 212.1 192.6 184.5 18.8 24.3 16.7 11.2 17.5 9.8
Brazil 2.0 0.0 1.4 0.1 0.0 0.0 0.0 0.0 0.0 0.0
Canada 94.2 81.9 46.9 17.6 5.4 0.2 5.2 0.3 0.1 0.4
China 197.5 228.0 399.0 380.1 31.9 43.3 31.0 34.2 32.0 40.6
France 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0
Germany 24.7 46.8 23.3 48.2 3.1 4.0 8.6 1.4 9.5 7.5
India 13.5 3.0 1.3 5.9 1.5 0.0
Italy 0.4 0.4 0.5 0.5 0.0 0.0 0.0 0.1 0.0 0.1
Japan 31.8 19.2 15.7 4.4 0.5 0.5 0.5 0.4 1.1 0.0
Korean Rep. 58.4 40.1 38.7 56.7 0.5 3.1 2.5 3.6 8.2 4.0
Malaysia 0.5 0.1 0.1 0.5 0.1 0.0 0.0 0.0 0.0 0.0
Mexico 66.5 37.5 39.2 37.2 2.3 4.0 3.4 1.9 5.2 4.3
Netherlands 64.3 51.1 76.9 52.3 4.5 9.5 4.6 8.5 1.0 4.6
Pakistan 0.0 11.5 5.2
Philippines 1.4 0.6 0.6 8.0 2.2 3.7 0.1 1.5 0.1 0.0
Romania 0.0 0.1 0.0 0.0 0.0 0.0 0.0
Singapore 0.6 2.0 0.6 0.5 0.0 0.0 0.0 0.0 0.1 0.1
Spain 1.7 3.1 0.5 1.4 0.0 0.1 0.0 0.1 0.1 0.0
Sweden 23.4 22.1 3.1 4.8 0.2 0.2 0.5 0.5 0.7 1.1
Taiwan (China) 1.3 1.7 2.5 1.8 0.3 0.1 0.1 0.2 0.3 0.2
Thailand 2.0 1.3 0.5 0.5 0.0 0.0 0.0 0.0 0.1 0.0
Turkey 38.1 4.9 5.9 4.1 0.3 0.5 0.2 0.5 0.4 0.2
United Kingdom 6.3 3.0 2.0 1.2 0.0 0.1 0.1 0.1 0.1 0.1
United States 1/ 123.6 68.4 26.4 0.5 0.1 0.1 0.0 0.1 0.0 0.0
Others 39.2 52.8 48.9 23.7 3.0 1.5 2.1 1.5 2.3 2.9
TOTAL IMPORTS 1,099.6 986.8 1,026.6 896.4 84.5 100.4 77.5 69.2 82.1 77.9
EU-15 2/ 247.7 256.7 244.2 254.9 27.8 31.3 26.9 21.7 17.8 23.2
EU-27 3/ 116.9 158.8 174.0 150.5 11.3 19.5 18.2 16.8 10.6 15.1
Source: Official country trade statistics.
p/ Preliminary. For some countries incomplete. 1/ Imports for consumption.
2/ Includes only Extra EU-15 trade. 3/ Includes only Extra EU-27 trade.
2011
ICSG Copper Bulletin - March 2012 - 27 -
TABLE 12 B. EXPORTS OF COPPER BLISTER AND ANODEThousand metric tonnes, copper in blister and anode
COUNTRY 2008 2009 2010 2011
p/ Jan-Nov Jun Jul Aug Sep Oct Nov
Armenia 6.2 6.9 7.6 8.2 0.7 0.7 0.6 0.7 0.7 1.3
Australia 0.0 0.0 0.0
Belgium 11.1 12.0 46.1 29.5 1.3 2.0 0.7 6.6 2.1 1.0
Botswana 1/ 0.0 0.0
Bulgaria 151.5 73.4 29.6 72.6 9.0 8.1 6.4 0.0 4.5 8.9
Canada 85.2 62.1 21.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Chile 407.8 395.8 418.5 368.7 33.8 32.1 31.5 27.5 42.1 38.0
China 6.1 0.0 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Finland 27.6 37.1 34.6 18.3 0.2 2.0 0.9 2.0 3.2 8.4
France 0.5 1.0 2.2 1.7 0.1 0.2 0.1 0.1 0.1 0.3
Germany 0.2 0.1 0.1 1.4 1.3 0.0 0.0 0.0 0.0 0.0
Hong Kong 0.0 0.3 0.0
India 0.3 11.0 0.2 0.1 0.0 0.0
Indonesia 0.1 7.8 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Italy 6.4 2.8 5.5 7.2 1.0 0.0 1.5 0.5 1.5 0.5
Japan 12.5 1.9 0.5 2.2 0.0 0.0 0.0 0.0 0.0 0.0
Kazakhstan 0.0 5.8 5.8 2.3 0.2 0.0 0.0 0.0
Mexico 13.7 8.5 4.0 0.0 0.0
Namibia 103.7
Netherlands 64.5 50.4 76.9 52.3 4.5 9.5 4.7 8.4 1.0 4.6
Peru 10.0 23.2 20.9 6.8 1.0 3.0 0.0 0.0 0.4 1.0
Russian Fed. 0.0 0.2 0.0 0.0 0.0 0.0 0.0 0.1
Singapore 0.6 0.2 1.2 1.2 0.2 0.1 0.1 0.1 0.1 0.1
South Africa 3.8 5.8 4.2 1.2 0.0 0.0 0.1 0.0 0.0 0.0
Spain 41.7 38.8 34.0 32.3 2.4 3.1 4.0 4.2 2.3 4.1
Sweden 0.0 0.0 0.1 0.1 0.0 0.0
Taiwan (China) 0.1 0.5 3.8 0.7 0.1 0.0 0.0 0.0 0.1 0.1
Turkey 34.7 4.2 0.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0
United Kingdom 2.7 0.2 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0
United States 23.5 26.0 16.9 13.5 1.3 0.8 1.0 1.4 1.4 1.1
Others 51.0 52.0 59.3 39.4 11.6 5.0 2.1 3.7 4.2 6.6
TOTAL EXPORTS 1,065.6 827.8 795.8 660.2 68.7 66.7 53.9 55.2 63.5 76.1
EU-15 2/ 14.1 35.1 55.6 45.4 2.1 2.6 3.7 3.7 6.7 13.5
EU-27 3/ 33.1 26.3 44.1 32.8 1.9 1.8 2.1 2.1 4.2 12.1
Source: Official country trade statistics.
p/ Preliminary. For some countries it represents partial year.
1/ Copper content of copper/nickel matte.
2/ Includes only Extra EU-15 trade.
3/ Includes only Extra EU-27 trade.
2011
ICSG Copper Bulletin - March 2012 - 28 -
TABLE 13A. IMPORTS OF REFINED COPPERThousand metric tonnes, refined copper
COUNTRY 2008 2009 2010 2011
p/ Jan-Nov Jun Jul Aug Sep Oct Nov
Argentina 14.5 11.4 9.9 11.3 1.0 1.1 1.1 1.1 1.1 1.1
Australia 7.5 0.2 31.7 11.0 1.3
Austria 8.9 4.8 10.7 16.4 4.3 2.0 0.7 0.5 1.3 1.9
Belgium 54.2 80.0 61.6 29.7 2.9 1.1 2.3 1.2 3.3 7.0
Brazil 251.9 208.7 253.4 212.4 19.9 19.7 20.2 19.1 18.7 18.2
Bulgaria 29.4 7.7 7.3 11.6 0.4 1.6 0.5 2.3 0.4 1.3
Canada 11.7 10.6 7.9 4.0 0.4 0.1 0.4 0.4 0.1 0.6
China 1,504.0 3,184.9 2,922.1 2,428.4 178.6 194.3 235.5 275.5 295.3 343.9
Colombia 6.4 6.2 6.6 7.6 1.1 0.8 0.8 0.8 0.5 0.5
Czech Rep. 10.3 21.3 6.7 5.7 0.4 0.3 0.3 0.5 1.2 0.7
Egypt 201.8 78.7 99.6
Finland 2.4 16.3 4.4 4.5 0.6 0.2 0.5 0.6 0.5 0.5
France 433.9 265.2 226.5 213.7 19.3 16.6 15.1 17.3 18.4 18.3
Germany 833.2 658.7 743.9 685.5 60.4 66.8 70.0 61.0 67.8 50.1
Greece 75.8 63.1 33.7 43.2 3.5 6.9 2.0 4.4 5.3 5.2
Hong Kong, China 16.8 73.6 35.0 11.2 1.3 1.3 1.3 1.3
Hungary 1.4 0.6 1.6 1.8 0.1 0.1 0.2 0.1 0.1 0.3
India 15.7 15.5 9.2 6.5 1.5 1.2
Indonesia 87.7 104.2 75.0 66.1 5.4 5.0 6.9 6.1 7.6 7.9
Iran
Italy 617.4 544.2 627.8 574.4 46.1 58.4 29.7 41.1 62.6 62.1
Japan 90.8 42.3 45.9 122.9 13.1 17.1 12.0 3.8 3.5 4.7
Kazakhstan 0.6 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0
Korean Rep. 406.5 488.1 413.0 324.2 27.8 23.8 28.5 26.2 27.0 26.6
Malaysia 4/ 178.8 171.3 180.0 199.9 21.2 17.8 17.8 17.8 17.9 17.9
Mexico 41.3 56.6 56.8 34.0 3.4 1.8 3.1 2.1 4.0 3.6
Netherlands 291.2 234.8 200.8 183.9 16.1 24.4 20.4 17.5 14.3 15.1
New Zealand 0.0 0.0 0.0
Pakistan 10.1 15.6 10.2
Philippines 8.6 6.8 7.7 9.3 0.6 0.6 0.7 0.5 1.0 0.7
Poland 6.5 12.9 17.2 11.7 0.2 0.8 0.6 0.7 1.7 2.1
Portugal 1.1 3.7 5.0 4.3 0.2 0.2 0.4 0.6 0.5 0.3
Romania 20.5 9.3 0.6 1.0 0.2 0.1 0.1 0.1 0.1 0.1
Russian Fed. 9.5 1.5 0.0 0.3 0.0 0.0 0.1 0.1 0.1 0.0
Saudi Arabia 159.1 130.9 167.4
Singapore 44.8 76.3 32.4 64.0 12.8 0.6 0.6 0.6 0.3 0.3
Slovakia 7.6 2.8 2.5 6.0 0.5 0.6 0.6 1.0 0.9 0.7
Slovenia 1.4 0.5 7.5 5.9 0.6 0.7 0.9 0.4 0.0 0.0
South Africa 5.6 8.0 9.7 16.4 2.2 1.7 1.7 0.9 1.4 0.5
Spain 79.1 80.9 73.9 59.8 6.2 1.9 2.5 3.6 4.0 4.5
Sweden 21.2 23.1 47.2 29.7 3.3 2.0 2.6 2.6 3.0 2.9
Switzerland 5.9 3.5 3.3 2.2 0.3 0.0 0.0 0.0 0.1 0.1
Taiwan (China) 585.0 498.4 535.7 425.2 39.7 35.6 42.0 33.4 40.3 39.2
Thailand 265.0 213.9 240.2 215.2 25.3 14.4 23.1 18.4 16.6 16.2
Tunisia 1.2 2.4
Turkey 287.7 291.2 332.5 309.0 29.0 24.5 23.9 27.1 32.6 26.1
Ukraine 2.6 1.2 1.4 1.2 0.1 0.0 0.1 0.1 0.4 0.2
United Arab Emirates 37.0
United Kingdom 48.1 45.2 39.0 33.9 4.0 3.0 1.8 2.9 3.1 4.0
United States 1/ 723.6 663.6 605.1 621.3 45.5 69.5 32.3 64.3 46.7 50.3
Vietnam 72.1 64.6
Venezuela 8.1 7.1
Serbia 23.9 20.9 36.7 25.4 2.9 2.3 2.3 2.3 1.5 1.5
Zimbabwe 0.3 5.3
Others 10.6 45.7 0.3 2.1 0.1 0.1 0.2 0.2 0.1 0.2
TOTAL IMPORTS 7,640.0 8,579.7 8,252.3 7,053.8 603.6 621.2 605.9 660.9 705.1 737.5
EU-15 2/ 1,719.9 1,443.9 1,410.0 1,301.6 113.7 130.6 97.8 105.1 138.2 118.0
EU-27 3/ 1,550.5 1,215.5 1,150.3 1,047.5 89.3 102.8 77.2 90.7 103.0 92.1
Source: Official country trade statistics.
p/ Preliminary. For some countries incomplete. 1/ Imports for consumption.
2/ Includes only Extra EU-15 trade. 3/ Includes only Extra EU-27 trade.
2011
ICSG Copper Bulletin - March 2012 - 29 -
TABLE 13 B. EXPORTS OF REFINED COPPERThousand metric tonnes, refined copper
COUNTRY 2008 2009 2010 2011
p/ Jan-Nov Jun Jul Aug Sep Oct Nov
Australia 358.3 316.2 324.7 340.9 30.7 30.0 30.0 29.0 35.0 35.0
Austria 8.0 115.6 143.5 127.2 11.3 8.7 7.2 13.2 11.8 14.3
Belgium 260.3 248.5 189.4 156.6 13.8 18.6 16.2 21.0 13.7 16.8
Brazil 93.1 88.6 45.4 51.6 7.0 6.6 4.4 3.8 4.5 2.8
Bulgaria 97.5 152.7 177.7 177.0 12.0 17.7 16.4 12.1 14.2 17.2
Canada 290.0 221.6 184.3 124.1 4.0 13.0 9.3 14.6 13.5 15.1
Chile 2,983.2 3,179.3 3,160.2 2,735.3 236.4 261.6 252.9 242.0 250.6 297.5
China 96.1 73.0 38.7 155.9 3.1 3.8 0.5 2.4 0.3 2.1
Cyprus 3.0 2.4 2.6 3.4 0.3 0.3 0.4 0.4 0.4 0.4
Czech Rep. 4.0 10.6 11.0 9.7 0.8 0.9 1.0 1.2 1.3 1.1
Finland 66.9 40.8 57.6 38.6 1.9 3.9 5.1 4.8 4.5 4.8
France 54.9 50.4 33.0 40.5 4.3 4.0 1.7 4.2 3.7 3.9
Germany 125.0 194.0 136.0 164.6 7.2 16.0 16.6 23.4 19.6 15.1
Greece 0.4 0.8 0.8 4.0 0.1 0.1 0.3 1.8 1.1 0.2
Hong Kong, China 7.9 40.3 29.0 9.2 1.3 0.8 0.8 0.8
India 169.5 185.4 202.2 244.0 11.0 9.8
Indonesia 143.3 196.9 161.4 240.6 10.7 9.1 8.5 12.0 8.7 8.1
Iran
Italy 7.0 27.8 10.5 9.1 1.2 1.0 0.5 0.6 0.9 2.0
Japan 423.5 626.7 528.4 397.9 27.5 33.3 41.2 46.6 50.3 46.3
Kazakhstan 343.5 308.7 273.1 199.5 21.0 25.4 28.3 24.8
Korean Rep. 127.5 86.9 113.7 137.1 9.2 10.9 12.4 15.7 22.6 15.5
Mexico 33.1 33.3 30.1 95.6 8.0 8.1 7.6 9.7 12.4 10.0
Mongolia
Netherlands 280.6 26.8 198.3 165.7 11.8 18.6 15.5 17.7 14.9 20.1
Norway 36.7 32.9 36.0
Oman 6.1 1.4 6.7
Peru 390.5 379.0 343.6 284.4 31.0 24.2 31.1 21.8 32.1 19.2
Philippines 181.5 151.8 102.1 118.6 13.7 10.5 11.9 13.6 6.8 8.6
Poland 296.7 305.7 293.3 300.4 30.5 30.5 25.9 25.1 27.3 30.0
Romania 0.0 0.0 0.0 0.0 0.0 0.0
Russian Fed. 221.5 482.6 450.5 159.0 1.1 20.0 7.1 18.9 25.4 12.4
Singapore 42.1 46.8 48.8 50.6 2.6 1.7 1.7 1.7 17.5 17.5
Saudi Arabia 0.9
South Africa 12.2 11.1 12.9 7.5 0.7 1.9 0.3 0.6 0.6 0.4
Spain 78.6 105.2 79.2 69.7 1.8 4.2 12.0 13.8 5.7 9.1
Sweden 71.6 77.8 70.0 89.9 9.1 13.7 10.9 5.6 7.0 6.3
Taiwan (China) 2.7 4.8 3.1 3.4 0.1 0.5 0.2 0.2 0.2 0.3
Ukraine 3.2 5.5 8.0 7.9 0.4 0.6 0.5 0.3 0.5 0.5
United Kingdom 4.7 14.0 8.4 15.7 0.8 1.7 1.7 1.9 1.9 2.0
United States 38.3 85.7 78.3 35.7 1.9 1.9 5.1 2.1 2.3 6.9
Uzbekistan 3/ 49.3 51.3 58.9
Serbia 3.4 3.7 10.2 8.3 0.9 0.7 0.7 0.7 0.6 0.6
Zambia 585.2 675.4 753.2
Others 45.7 18.7 18.9 25.9 1.2 2.7 4.3 3.2 2.7 2.6
TOTAL EXPORTS 8,048.3 8,680.9 8,435.7 6,805.2 530.2 616.8 590.4 611.3 614.9 644.6
EU-15 1/ 135.8 492.0 322.3 250.3 10.4 23.9 35.8 44.4 28.8 33.5
EU-27 2/ 257.7 543.8 339.9 402.5 22.6 39.6 52.3 58.0 39.7 48.2
Source: Official country trade statistics.
p/ Preliminary. For some countries incomplete.
1/ Includes only Extra EU-15 trade. 2/ Includes only Extra EU-27 trade. 3/ Back trade.
2011
ICSG Copper Bulletin - March 2012 - 30 -
TABLE 14A. IMPORTS OF COPPER ALLOY INGOTSThousand metric tonnes, gross weight metal
COUNTRY Ingot 2008 2009 2010 2011
Type p/ Jan-Nov Jun Jul Aug Sep Oct Nov
Cu Alloy 2.394 2.552 2.478 1.424 0.250
Australia Master 0.246 2.553 0.153 0.044 0.010
Total 2.640 5.105 2.631 1.467 0.260
Cu Alloy 1.637 1.237 0.991 1.101 0.065 0.135 0.047 0.116 0.114 0.155
Austria Master 0.513 0.469 0.524 0.277 0.006 0.004 0.001 0.007 0.008 0.007
Total 2.150 1.706 1.514 1.378 0.071 0.139 0.048 0.123 0.122 0.162
Cu Alloy 2.654 1.108 1.524
Belarus Master 0.081 0.021 0.028
Total 2.735 1.129 1.552
Cu Alloy 1.603 2.510 4.719 2.335 0.233 0.009 0.201 0.332 0.083 0.102
Belgium Master 0.107 0.037 0.246 0.253 0.003 0.102 0.001 0.034 0.034 0.000
Total 1.710 2.547 4.965 2.588 0.236 0.111 0.202 0.366 0.117 0.102
Cu Alloy 11.668 4.774 5.868 5.909 0.864 1.520 0.358 0.353 0.378 0.338
Canada Master 0.223 0.102 0.159 0.265 0.024 0.012 0.035 0.015 0.015 0.046
Total 11.891 4.876 6.027 6.174 0.888 1.533 0.393 0.368 0.393 0.383
Cu Alloy 47.774 52.695 60.383 35.713 2.855 3.253 3.919 4.147 2.900 4.350
China Master 0.384 0.336 0.426 0.818 0.088 0.081 0.081 0.081 0.083 0.083
Total 48.158 53.031 60.809 36.531 2.943 3.334 4.000 4.228 2.983 4.433
Cu Alloy 3.389 1.300 1.861 2.103 0.221 0.139 0.192 0.205 0.162 0.163
Denmark Master 0.001 0.027 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Total 3.390 1.327 1.861 2.103 0.221 0.139 0.192 0.205 0.162 0.163
Cu Alloy 2.967 2.158 2.606 2.115 0.180 0.117 0.240 0.138 0.201 0.223
Finland Master 0.211 0.108 0.095 0.178 0.014 0.000 0.025 0.048 0.000 0.025
Total 3.178 2.266 2.701 2.293 0.194 0.117 0.265 0.186 0.201 0.248
Cu Alloy 7.840 7.092 8.177 7.101 0.744 0.551 0.313 0.756 0.793 0.655
France Master 1.083 0.886 1.096 1.254 0.131 0.096 0.052 0.115 0.183 0.176
Total 8.923 7.978 9.273 8.355 0.875 0.647 0.365 0.871 0.976 0.831
Cu Alloy 31.423 32.307 28.318 25.697 2.398 3.151 1.605 1.895 2.389 2.285
Germany Master 8.652 6.127 7.930 6.827 0.402 0.653 0.748 0.263 1.088 0.459
Total 40.075 38.434 36.248 32.524 2.800 3.804 2.353 2.158 3.477 2.744
Cu Alloy 9.181 0.142 0.162 0.505 0.129 0.068 0.067 0.005 0.022 0.005
Greece Master 0.211 0.161 0.080 0.126 0.000 0.000 0.000 0.040 0.000 0.000
Total 9.392 0.303 0.242 0.631 0.129 0.068 0.067 0.045 0.022 0.005
Cu Alloy 2.511 2.739 1.413 0.495 0.056 0.066 0.066 0.066
Hong Kong Master 0.020 0.033 0.018 0.028 0.002 0.003 0.003 0.003
Total 2.531 2.772 1.431 0.522 0.059 0.069 0.069 0.069
Cu Alloy 1.166 1.097 1.216 1.299 0.063 0.130 0.060 0.106 0.091 0.165
Hungary Master 0.072 0.020 0.026 0.027 0.002 0.002 0.000 0.003 0.003 0.002
Total 1.238 1.117 1.242 1.326 0.065 0.132 0.060 0.109 0.094 0.167
Cu Alloy 4.260 2.952 0.810 2.070 0.340
India Master 0.064 0.600 0.100 0.020 0.002
Total 4.324 3.552 0.910 2.090 0.342
Cu Alloy 6.870 3.181 4.349 4.370 0.380 0.470 0.470 0.470 0.400 0.400
Indonesia Master 0.050 0.020 0.021 0.096 0.009 0.011 0.011 0.011 0.011 0.011
Total 6.920 3.201 4.370 4.466 0.389 0.481 0.481 0.481 0.411 0.411
Cu Alloy 17.619 7.488 13.713 14.032 1.197 1.072 0.250 1.435 1.348 1.432
Italy Master 0.913 0.678 0.972 1.007 0.094 0.057 0.020 0.131 0.131 0.092
Total 18.532 8.166 14.685 15.039 1.291 1.129 0.270 1.566 1.479 1.524
Cu Alloy 2.240 0.616 1.719 3.670 0.555 0.150 0.273 0.187 0.163 0.113
Japan Master 0.676 0.457 0.689 1.138 0.098 0.124 0.089 0.129 0.127 0.108
Total 2.916 1.073 2.408 4.808 0.653 0.274 0.362 0.316 0.290 0.221
Cu Alloy 26.564 21.173 10.415 8.546 0.843 0.572 1.019 0.740 0.768 0.793
Korean Rep. Master 0.232 0.183 0.306 0.434 0.034 0.037 0.046 0.030 0.046 0.041
Total 26.796 21.356 10.721 8.980 0.878 0.609 1.065 0.770 0.814 0.834
Cu Alloy 2.632 4.147 2.085 6.630 0.590 0.680 0.680 0.680 0.600 0.600
Malaysia Master 0.285 0.262 0.349 0.897 0.091 0.073 0.073 0.073 0.092 0.092
Total 2.917 4.409 2.434 7.527 0.681 0.753 0.753 0.753 0.692 0.692
Cu Alloy 7.231 6.240 1.800 6.360 0.520 0.620 0.620 0.620 0.570 0.570
Mexico Master 0.983 1.114 1.871 1.789 0.168 0.188 0.188 0.188 0.119 0.119
Total 8.214 7.354 3.671 8.149 0.688 0.808 0.808 0.808 0.689 0.689
2011
ICSG Copper Bulletin - March 2012 - 31 -
TABLE 14A. IMPORTS OF COPPER ALLOY INGOTSThousand metric tonnes, gross weight metal
COUNTRY Ingot 2008 2009 2010 2011
Type p/ Jan-Nov Jun Jul Aug Sep Oct Nov
2011
Cu Alloy 2.089 2.683 2.683 2.697 0.201 0.155 0.144 0.156 0.280 0.073
Netherlands Master 0.195 0.108 0.212 0.197 0.034 0.000 0.039 0.022 0.020 0.000
Total 2.284 2.791 2.895 2.894 0.235 0.155 0.183 0.178 0.300 0.073
Cu Alloy 0.564 0.116 0.164
New Zealand Master 0.007 0.002 0.002
Total 0.571 0.118 0.166
Cu Alloy 1.551 1.243 4.001
Norway Master 0.005 0.105 0.018
Total 1.556 1.348 4.019
Cu Alloy 2.710 2.002 2.061 2.665 0.282 0.270 0.247 0.204 0.168 0.189
Poland Master 0.498 0.294 0.469 0.068 0.002 0.010 0.000 0.002 0.022 0.012
Total 3.208 2.296 2.530 2.733 0.284 0.280 0.247 0.206 0.190 0.201
Cu Alloy 4.034 3.498 3.409 3.601 0.204 0.246 0.137 0.277 0.344 0.394
Portugal Master 0.306 0.330 0.473 0.450 0.035 0.087 0.000 0.030 0.034 0.054
Total 4.340 3.828 3.882 4.051 0.239 0.333 0.137 0.307 0.378 0.448
Cu Alloy 1.381 1.372 1.593 1.720 0.164 0.212 0.055 0.229 0.190 0.204
Romania Master 0.173 0.164 0.137 0.079 0.043 0.000 0.005 0.006 0.002 0.004
Total 1.554 1.536 1.730 1.798 0.207 0.212 0.060 0.235 0.192 0.208
Cu Alloy 0.018 0.010 0.021
Russian Fed. Master 0.078 0.029 0.006 0.009 0.001 0.001 0.001 0.001 0.001 0.001
Total 0.096 0.039 0.027 0.009 0.001 0.001 0.001 0.001 0.001 0.001
Cu Alloy 4.525 3.330 1.800 4.110 0.220 0.320 0.320 0.320 0.810 0.810
Singapore Master 0.070 0.053 0.184 0.077 0.013 0.004 0.004 0.004 0.004 0.004
Total 4.595 3.383 1.984 4.187 0.233 0.324 0.324 0.324 0.814 0.814
Cu Alloy 1.098 0.973 0.720 0.983 0.162 0.068 0.036 0.104 0.097 0.084
Slovenia Master 0.111 0.078 0.068 0.029 0.000 0.004 0.003 0.003 0.000 0.002
Total 1.209 1.051 0.788 1.011 0.162 0.072 0.039 0.107 0.097 0.086
Cu Alloy 3.888 2.736 3.502 6.060 0.925 0.157 0.147 0.892 0.582 0.684
Spain Master 0.377 0.534 0.444 0.373 0.067 0.025 0.020 0.049 0.043 0.024
Total 4.265 3.270 3.946 6.433 0.992 0.182 0.167 0.941 0.625 0.708
Cu Alloy 4.823 2.020 4.381 2.895 0.277 0.057 0.290 0.340 0.218 0.226
Sweden Master 0.423 0.114 0.916 0.172 0.015 0.000 0.013 0.037 0.000 0.018
Total 5.246 2.134 5.297 3.067 0.292 0.057 0.303 0.377 0.218 0.244
Cu Alloy 3.518 3.000 1.860 3.080 0.290 0.260 0.260 0.260 0.250 0.250
Switzerland Master 0.406 0.250 0.333 0.178 0.024 0.005 0.005 0.005 0.009 0.009
Total 3.924 3.250 2.193 3.258 0.314 0.265 0.265 0.265 0.259 0.259
Cu Alloy 14.380 9.379 13.754 10.422 0.718 0.994 0.727 0.934 1.632 1.471
Taiwan (China) Master 0.443 0.382 0.425 0.398 0.020 0.022 0.032 0.037 0.043 0.051
Total 14.823 9.760 14.178 10.820 0.738 1.016 0.759 0.971 1.675 1.522
Cu Alloy 6.729 6.060 4.680 8.690 0.820 0.890 0.890 0.890 0.520 0.520
Thailand Master 0.152 0.082 0.145 0.157 0.012 0.017 0.017 0.017 0.012 0.012
Total 6.881 6.142 4.825 8.847 0.832 0.907 0.907 0.907 0.532 0.532
Cu Alloy 2.904 2.910 2.640 8.680 0.950 0.710 0.710 0.710 0.590 0.590
Turkey Master 0.157 0.087 0.165 0.176 0.024 0.006 0.006 0.006 0.013 0.013
Total 3.061 2.997 2.805 8.856 0.974 0.716 0.716 0.716 0.603 0.603
Cu Alloy 5.555 3.731 5.314 4.593 0.434 0.440 0.319 0.626 0.488 0.519
United Kingdom Master 0.500 0.234 0.371 0.368 0.015 0.025 0.006 0.071 0.051 0.003
Total 6.055 3.965 5.685 4.962 0.449 0.465 0.325 0.697 0.539 0.522
Cu Alloy 7.566 4.166 6.755 10.374 0.856 1.624 1.472 0.594 0.785 0.735
United States Master 1.407 0.385 0.518 1.044 0.216 0.073 0.121 0.061 0.073 0.031
Total 8.973 4.551 7.273 11.418 1.072 1.697 1.593 0.655 0.858 0.766
Cu Alloy 23.161 13.771 12.977 11.098 0.980 0.924 1.299 1.297 1.060 1.683
Others Master 1.397 0.075 0.693 0.884 0.073 0.061 0.069 0.140 0.053 0.115
Total 24.558 13.845 13.669 11.982 1.054 0.985 1.368 1.437 1.113 1.798
Cu Alloy 284.117 220.507 226.920 213.141 19.967 20.029 17.433 20.084 18.995 20.781
TOTAL IMPORTS, Master 21.712 17.499 20.667 20.135 1.773 1.783 1.714 1.662 2.320 1.614
by Ingot Type Total 305.829 238.006 247.587 233.276 21.740 21.812 19.146 21.746 21.315 22.395
Source: Official country trade statistics.
p/ Preliminary. For some countries incomplete.
ICSG Copper Bulletin - March 2012 - 32 -
TABLE 14B. EXPORTS OF COPPER ALLOY INGOTSThousand metric tonnes, gross weight metal
COUNTRY Ingot 2008 2009 2010 2011
Type p/ Jan-Nov Jun Jul Aug Sep Oct Nov
Cu Alloy 5.194 4.212 5.984 3.159 0.527
Australia Master 0.005 0.000 0.003 0.000 0.000
Total 5.199 4.212 5.987 3.160 0.527
Cu Alloy 0.896 1.094 0.881 0.746 0.061 0.077 0.037 0.021 0.035 0.018
Austria Master 0.039 0.019 0.013 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Total 0.935 1.113 0.894 0.746 0.061 0.077 0.037 0.021 0.035 0.018
Cu Alloy 1.681 1.070 0.976 0.570 0.040 0.000 0.000 0.006 0.017 0.002
Belgium Master 11.046 8.441 11.103 10.611 0.672 1.211 0.578 0.915 1.021 0.956
Total 12.727 9.511 12.080 11.181 0.712 1.211 0.578 0.921 1.038 0.958
Bulgaria Cu Alloy 10.811 0.149 0.221 0.084 0.020 0.020 0.024 0.000 0.000 0.000
Cu Alloy 4.580 1.961 2.883 2.558 0.280 0.105 0.192 0.232 0.315 0.237
Canada Master 0.048 0.060 0.018 0.001
Total 4.628 2.021 2.901 2.560 0.280 0.105 0.192 0.232 0.315 0.237
Cu Alloy 0.285 0.141 0.266 0.332 0.001 0.080 0.080 0.080 0.016 0.001
China Master 0.178 0.026 0.128 0.072 0.006 0.011 0.011 0.011 0.004 0.004
Total 0.463 0.167 0.394 0.404 0.007 0.091 0.091 0.091 0.020 0.005
Cu Alloy 4.239 3.979 3.493 2.726 0.239 0.305 0.196 0.212 0.207 0.190
Czech Rep. Master 0.039 0.015 0.021 0.025 0.023 0.001 0.000 0.001 0.000 0.000
Total 4.278 3.994 3.514 2.751 0.261 0.306 0.196 0.213 0.207 0.190
Cu Alloy 0.442 0.158 0.710 0.212 0.004 0.003 0.009 0.019 0.006 0.028
Denmark Master 0.009 0.012 0.007 0.006 0.002 0.002 0.002 0.000
Total 0.451 0.170 0.717 0.218 0.006 0.003 0.009 0.021 0.008 0.028
Cu Alloy 0.422 0.276 0.299 0.240 0.019 0.000 0.028 0.011 0.027 0.034
Finland Master 0.000 0.000 0.000 0.008 0.008 0.000 0.000
Total 0.422 0.276 0.299 0.248 0.019 0.000 0.028 0.019 0.027 0.034
Cu Alloy 12.990 9.368 13.497 9.933 0.979 1.066 0.228 0.969 0.710 0.695
France Master 0.064 0.055 0.126 0.184 0.001 0.064 0.001 0.013 0.006 0.005
Total 13.054 9.423 13.623 10.117 0.980 1.130 0.229 0.982 0.716 0.700
Cu Alloy 14.476 8.493 10.152 9.960 1.047 0.637 1.028 0.758 0.736 0.674
Germany Master 2.011 1.285 2.076 1.227 0.162 0.074 0.053 0.104 0.150 0.088
Total 16.487 9.778 12.228 11.187 1.209 0.711 1.081 0.862 0.886 0.762
Cu Alloy 3.072 2.538 1.887 0.667 0.075 0.078 0.078 0.078
Hong Kong Master 0.146 0.043 0.027 0.026 0.002 0.004 0.004 0.004
Total 3.218 2.581 1.914 0.693 0.077 0.082 0.082 0.082
Cu Alloy 6.867 3.426 1.050 114.780
India Master 0.262 0.148 0.300 0.329 0.063
Total 7.129 3.574 1.350 115.109 0.063
Cu Alloy 0.930 0.330 0.510 0.140 0.040 0.040 0.040 0.010 0.010
Indonesia Master 0.000 0.000 0.000
Total 0.930 0.330 0.510 0.140 0.040 0.040 0.040 0.010 0.010
Cu Alloy 0.579 1.219 3.937
Iran Master
Total 0.579 1.219 3.937
Cu Alloy 15.077 12.659 15.453 18.102 1.903 2.312 0.529 1.746 1.939 1.856
Italy Master 0.190 0.127 0.107 0.223 0.029 0.005 0.035 0.012 0.043 0.038
Total 15.267 12.786 15.561 18.324 1.932 2.317 0.564 1.758 1.982 1.894
Cu Alloy 32.166 31.229 24.617 19.462 1.717 1.693 1.949 1.710 1.498 1.497
Japan Master 0.588 0.592 0.872 0.660 0.062 0.075 0.035 0.080 0.040 0.013
Total 32.754 31.821 25.489 20.122 1.779 1.768 1.984 1.790 1.538 1.510
Cu Alloy 15.524 12.971 18.687 17.867 1.590 1.499 1.627 1.475 2.007 1.498
Korean Rep. Master 1.612 2.244 2.056 1.782 0.123 0.113 0.247 0.199 0.144 0.251
Total 17.136 15.215 20.743 19.649 1.713 1.612 1.874 1.674 2.151 1.749
Cu Alloy 0.638 0.014 0.025 1.650 0.010 0.810 0.810
Malaysia Master 0.000 0.000
Total 0.638 0.014 0.025 1.650 0.010 0.810 0.810
Cu Alloy 18.745 16.020 8.160 44.760 3.600 6.440 6.440 6.440 2.460 2.460
Mexico Master 0.059 0.014 0.002 0.272 0.000 0.000 0.000 0.000 0.000 0.000
Total 18.804 16.034 8.162 45.032 3.600 6.440 6.440 6.440 2.460 2.460
2011
ICSG Copper Bulletin - March 2012 - 33 -
TABLE 14B. EXPORTS OF COPPER ALLOY INGOTSThousand metric tonnes, gross weight metal
COUNTRY Ingot 2008 2009 2010 2011
Type p/ Jan-Nov Jun Jul Aug Sep Oct Nov
2011
Cu Alloy 6.250 3.968 3.052 3.393 0.414 0.291 0.306 0.211 0.266 0.266
Netherlands Master 0.116 0.034 0.131 0.280 0.025 0.020 0.000 0.025 0.000 0.020
Total 6.366 4.002 3.183 3.673 0.439 0.311 0.306 0.236 0.266 0.286
Cu Alloy 2.012 1.248 1.388
New Zealand Master 0.000 0.000 0.000
Total 2.012 1.248 1.388
Norway Cu Alloy 0.754 0.568 0.518
Philippines Cu Alloy 0.017 0.030 0.100 3.160 0.020 0.020 0.020 0.020 0.020 0.020
Cu Alloy 4.315 2.365 1.101 1.465 0.069 0.124 0.077 0.076 0.205 0.115
Poland Master 0.554 0.005 0.002 0.065 0.004 0.026 0.006 0.001 0.000 0.027
Total 4.869 2.370 1.103 1.531 0.073 0.150 0.083 0.077 0.205 0.142
Romania Cu Alloy 0.066 0.033 0.173 0.176 0.003 0.000 0.021 0.044 0.056 0.002
Cu Alloy 4.608 9.919 4.695 1.520 0.130 0.120 0.120 0.120 0.190 0.190
Russian Fed. Master 0.024 0.026 0.150 0.063 0.007 0.000 0.000 0.000 0.012 0.012
Total 4.632 9.945 4.845 1.583 0.137 0.120 0.120 0.120 0.202 0.202
Cu Alloy 7.466 7.230 2.460 5.260 0.510 0.310 0.310 0.310 0.410 0.410
Singapore Master 0.206 0.049 0.087 0.084 0.006 0.006 0.006 0.006 0.005 0.005
Total 7.672 7.279 2.547 5.344 0.516 0.316 0.316 0.316 0.415 0.415
Cu Alloy 1.575 1.140 0.060 2.430 0.210 0.220 0.220 0.220 0.210 0.210
South Africa Master 0.888 0.122 0.586 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Total 2.463 1.262 0.646 2.430 0.210 0.220 0.220 0.220 0.210 0.210
Cu Alloy 11.548 12.044 15.850 14.887 1.454 1.518 0.566 1.611 1.543 1.185
Spain Master 0.342 0.000 0.028 0.106 0.046 0.000 0.000 0.000 0.049 0.000
Total 11.890 12.044 15.878 14.993 1.500 1.518 0.566 1.611 1.592 1.185
Cu Alloy 5.545 3.290 8.474 5.435 0.363 0.246 0.766 0.269 0.576 0.549
Sweden Master 0.067 0.001 0.141 0.018 0.008 0.000 0.000 0.000 0.000 0.005
Total 5.612 3.291 8.615 5.453 0.371 0.246 0.766 0.269 0.576 0.554
Cu Alloy 1.124 0.510 0.300 0.820 0.060 0.050 0.050 0.050 0.140 0.140
Switzerland Master 0.015 0.017 0.004 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Total 1.139 0.527 0.304 0.820 0.060 0.050 0.050 0.050 0.140 0.140
Cu Alloy 5.987 6.737 4.071 4.198 0.473 0.467 0.264 0.180 0.259 0.348
Taiwan (China) Master 0.002 0.005 0.359 0.001 0.001 0.000 0.000 0.000 0.001
Total 5.989 6.742 4.071 4.557 0.474 0.468 0.264 0.180 0.259 0.349
Cu Alloy 6.863 2.280 3.570 9.380 0.930 0.860 0.860 0.860 0.670 0.670
Turkey Master 0.006 0.003 0.026 0.060 0.002 0.000 0.000 0.000 0.027 0.027
Total 6.869 2.283 3.596 9.440 0.932 0.860 0.860 0.860 0.697 0.697
Ukraine Cu Alloy 11.219 6.990 1.950 0.000 0.000 0.000
Cu Alloy 11.504 7.437 6.794 8.866 0.699 0.707 0.877 0.737 1.071 0.998
United Kingdom Master 6.219 3.882 5.884 6.867 0.590 0.575 0.668 0.686 0.511 0.697
Total 17.723 11.319 12.678 15.733 1.289 1.282 1.545 1.423 1.582 1.695
Cu Alloy 35.877 24.800 32.589 28.326 2.292 2.296 3.032 2.903 2.670 2.229
United States Master 3.058 2.847 3.642 5.074 0.403 0.405 0.525 0.514 0.616 0.539
Total 38.935 27.647 36.231 33.400 2.695 2.701 3.557 3.417 3.286 2.768
Cu Alloy 0.197 0.055 0.000
Venezuela Master
Total 0.197 0.055 0.000
Serbia Cu Alloy 1.048 0.630 0.120 0.670 0.110 0.040 0.040 0.040 0.020 0.020
Cu Alloy 52.821 25.056 16.117 26.641 1.888 2.539 2.211 2.772 3.939 3.917
Others Master 1.804 0.440 0.665 0.189 0.010 0.013 0.013 0.013 0.004 0.066
Total 54.625 25.496 16.782 26.830 1.898 2.552 2.224 2.785 3.943 3.982
Cu Alloy 320.410 227.636 217.068 364.577 21.737 24.163 22.225 24.219 23.037 21.279
TOTAL EXPORTS, Master 29.597 20.512 28.206 28.589 2.247 2.604 2.183 2.595 2.634 2.754
by Ingot Type Total 350.007 248.147 245.274 393.166 23.984 26.767 24.408 26.814 25.671 24.033
Source: Official country trade statistics.
p/ Preliminary. For some countries incomplete.
ICSG Copper Bulletin - March 2012 - 34 -
TABLE 15A. COPPER AND COPPER ALLOY SEMIFABRICATE IMPORTSThousand metric tonnes, gross weight metal
COUNTRY Semis 2008 2009 2010 2011
Type 1/ p/ Jan-Nov Jun Jul Aug Sep Oct Nov
Copper 14.4 26.1 28.0
Algeria Cu Alloy 1.1 3.3 2.5
Total 15.5 29.4 30.5
Copper 20.7 18.9 19.2
Argentina Cu Alloy 3.6 2.2 2.8
Total 24.3 21.1 22.0 24.0 2.1 2.5 2.5 2.5 2.4 2.4
Copper 13.9 12.1 12.6 6.2 1.1
Australia Cu Alloy 21.0 15.6 19.3 6.4 1.1
Total 35.0 27.6 31.8 12.6 2.2
Copper 103.7 78.2 76.7 74.0 7.4 5.5 7.4 7.0 6.9 6.7
Austria Cu Alloy 24.0 20.1 23.8 20.7 1.9 1.6 1.7 1.9 1.9 1.9
Total 127.7 98.3 100.5 94.7 9.3 7.1 9.1 8.9 8.7 8.7
Copper 80.1 67.9 61.4 58.4 6.2 4.5 4.8 5.8 5.2 3.9
Belgium Cu Alloy 16.6 10.6 13.0 12.0 1.3 1.0 0.9 1.1 1.4 1.0
Total 96.7 78.5 74.4 70.3 7.4 5.6 5.6 6.9 6.6 5.0
Copper 43.3 29.3 44.1
Brazil Cu Alloy 8.4 8.1 16.0
Total 51.7 37.4 60.1 56.2 5.0 5.1 5.2 5.1 4.2 4.3
Copper 78.5 57.4 62.6 65.1 6.3 5.5 5.8 5.7 6.3 6.0
Canada Cu Alloy 38.2 27.1 32.3 27.2 2.3 2.6 2.6 2.4 2.6 2.3
Total 116.7 84.5 94.9 92.4 8.6 8.2 8.4 8.0 9.0 8.4
Copper 1.3 1.2 1.8
Chile Cu Alloy 1.1 1.1 1.7
Total 2.4 2.3 3.5 4.4 0.3 0.5 0.5 0.5 0.4 0.4
Copper 466.4 435.5 449.5
China Cu Alloy 460.9 382.2 454.0
Total 927.3 817.7 903.5 712.8 65.8 65.1 69.2 66.0 52.8 62.4
Copper 36.8 35.4 36.8
Colombia Cu Alloy 2.8 2.0 1.8
Total 39.6 37.5 38.6 30.5 2.7 2.8 2.8 2.8 2.9 2.9
Copper 17.6 9.4 14.8
Costa Rica Cu Alloy 0.8 0.3 0.7
Total 18.4 9.8 15.6
Copper 12.1 8.0 8.0
Croatia Cu Alloy 2.0 1.3 1.4
Total 14.1 9.2 9.4
Copper 2.0 1.3 1.1 1.0 0.1 0.1 0.1 0.1 0.0 0.1
Cyprus Cu Alloy 0.4 0.4 0.2 0.1 0.0 0.0 0.0 0.0 0.0 0.0
Total 2.4 1.7 1.2 1.1 0.1 0.1 0.1 0.1 0.1 0.1
Copper 104.8 98.2 101.5 91.1 6.9 7.8 8.3 8.8 8.9 8.1
Czech Rep. Cu Alloy 24.1 13.9 21.5 20.7 1.7 1.8 1.7 2.0 1.9 2.0
Total 128.9 112.1 123.0 111.7 8.6 9.5 10.0 10.8 10.8 10.0
Copper 26.3 14.0 14.8 12.8 1.1 1.0 1.3 1.1 1.2 1.2
Denmark Cu Alloy 24.3 13.7 16.9 14.9 1.2 1.0 1.5 1.5 1.5 1.3
Total 50.6 27.8 31.7 27.7 2.3 2.0 2.7 2.6 2.7 2.6
Copper 4.2 5.0 4.4
Ecuador Cu Alloy 1.2 0.8 1.0
Total 5.4 5.8 5.4
Copper 27.7 10.6 42.8
Egypt Cu Alloy 30.1 20.1 23.7
Total 57.8 30.7 66.5
Copper 47.1 32.7 34.9 31.6 2.0 1.7 3.2 3.1 3.4 3.2
Finland Cu Alloy 5.6 5.0 8.6 6.8 0.6 0.6 0.7 0.6 0.5 0.5
Total 52.7 37.7 43.4 38.4 2.7 2.3 3.9 3.7 4.0 3.7
Copper 206.8 167.4 218.7 196.9 18.6 16.1 13.6 19.4 17.7 16.0
France Cu Alloy 81.9 52.9 75.0 64.3 6.3 5.5 2.9 5.7 5.5 5.0
Total 288.7 220.3 293.8 261.2 24.9 21.6 16.5 25.1 23.2 21.0
Copper 235.0 152.0 157.4 169.3 16.6 15.1 14.5 15.8 14.9 14.6
Germany Cu Alloy 105.7 66.7 105.8 99.7 9.3 9.1 6.6 8.5 8.2 7.6
Total 340.7 218.7 263.2 268.9 25.9 24.2 21.1 24.3 23.1 22.2
Copper 20.5 12.7 19.4 13.6 0.9 1.1 1.1 1.2 0.9 1.4
Greece Cu Alloy 3.0 2.4 1.7 1.8 0.0 0.2 0.0 0.1 0.1 0.1
Total 23.5 18.1 21.1 15.4 0.9 1.3 1.2 1.3 1.0 1.5
Copper 88.2 90.3 89.8
Hong Kong, China Cu Alloy 90.4 69.4 189.8
Total 178.5 159.7 279.6 184.5 20.3 21.3 21.3 21.3
2011
ICSG Copper Bulletin - March 2012 - 35 -
TABLE 15A. COPPER AND COPPER ALLOY SEMIFABRICATE IMPORTSThousand metric tonnes, gross weight metal
COUNTRY Semis 2008 2009 2010 2011
Type 1/ p/ Jan-Nov Jun Jul Aug Sep Oct Nov
2011
Copper 54.8 46.2 51.0 52.1 4.3 4.8 5.0 4.9 5.1 5.0
Hungary Cu Alloy 11.5 8.6 10.3 9.3 0.7 0.8 0.7 0.8 1.0 0.9
Total 66.3 54.8 61.3 61.3 5.0 5.6 5.8 5.7 6.1 5.9
Copper 51.2 61.2 80.9
India Cu Alloy 27.6 27.2 22.6
Total 78.8 88.4 103.5 62.2 10.9
Copper 28.4 20.1 27.4
Indonesia Cu Alloy 23.9 16.7 31.1
Total 52.3 36.7 58.6 60.7 7.1 5.3 5.3 5.3 5.3 5.3
Copper 19.7 10.5 4.2 6.0 1.0 0.6 0.3 0.6 0.6 0.5
Ireland Cu Alloy 5.2 2.7 2.0 3.8 0.3 0.3 0.3 0.3 0.3 0.3
Total 24.9 13.1 6.3 9.9 1.4 0.9 0.6 0.9 0.9 0.8
Copper 30.1 16.6 22.0
Israel Cu Alloy 3.5 2.1 3.1
Total 33.6 18.7 25.1
Copper 268.3 180.8 203.0 193.0 18.8 18.7 9.1 19.8 18.8 16.7
Italy Cu Alloy 106.5 76.6 115.2 287.9 28.4 27.6 12.0 29.9 28.7 25.4
Total 374.7 257.4 318.2 480.9 47.3 46.3 21.0 49.7 47.5 42.1
Copper 25.4 17.9 27.8 36.0 4.1 3.6 4.0 2.9 2.9 2.8
Japan Cu Alloy 43.3 19.7 38.0 35.0 3.3 3.0 2.9 2.8 2.9 3.0
Total 68.7 37.6 65.8 71.0 7.4 6.6 6.9 5.7 5.8 5.8
Copper 24.8 16.3 17.2
Jordan Cu Alloy 1.9 1.4 2.2
Total 26.7 17.7 19.4
Copper 1.8 1.1 1.5 0.8 0.2 0.0 0.0 0.1
Kazakhstan Cu Alloy 1.5 1.4 0.9 0.8 0.1 0.0 0.0 0.1
Total 3.3 2.5 2.3 1.6 0.3 0.1 0.0 0.2
Copper 38.2 33.2 40.5
Korean Rep. Cu Alloy 29.2 23.8 56.2
Total 67.4 57.0 96.7 84.5 8.1 8.3 7.3 6.6 6.5 7.5
Copper 105.4 80.1 108.7
Malaysia Cu Alloy 12.0 26.5 66.6
Total 117.4 106.7 175.3 117.4 11.6 9.8 9.8 9.8 9.4 9.4
Copper 145.6 112.2 142.0
Mexico Cu Alloy 27.8 19.9 31.0
Total 173.4 132.1 173.0 176.9 13.5 25.3 25.3 25.3 10.9 10.9
Copper 26.0 35.1 31.8
Morocco Cu Alloy 5.0 4.9 4.1
Total 30.9 40.0 35.9 42.7 4.1 3.5 3.5 3.5 4.0 4.0
Copper 62.5 51.5 52.1 55.4 4.7 3.2 4.9 5.5 5.2 4.9
Netherlands Cu Alloy 23.0 20.2 25.3 20.9 1.7 2.4 1.5 1.7 1.6 1.6
Total 85.5 71.7 77.4 76.3 6.4 5.6 6.4 7.2 6.8 6.5
Copper 15.5 13.4 13.4
New Zealand Cu Alloy 2.2 1.4 1.6
Total 17.7 14.8 15.0
Copper 19.7 21.2 17.8
Norway Cu Alloy 7.4 2.8 7.1
Total 27.1 24.0 24.9
Copper 71.9 44.4 29.0
Oman Cu Alloy 0.2 1.9 1.6
Total 72.1 46.3 30.6
Copper 1.7 1.1 1.4
Peru Cu Alloy 1.0 0.5 0.5
Total 2.7 1.6 1.8 2.6 0.2 0.3 0.3 0.3 0.3 0.3
Copper 31.7 21.8 30.6
Philippines Cu Alloy 11.0 14.2 11.1
Total 42.7 36.0 41.7 41.6 2.7 4.3 4.3 4.3 4.1 4.1
Copper 78.7 53.9 86.5 76.0 6.9 5.8 7.3 7.0 7.8 6.5
Poland Cu Alloy 18.5 18.5 21.9 20.2 1.8 2.0 1.8 2.2 1.7 1.6
Total 97.2 72.5 108.4 96.2 8.7 7.8 9.1 9.2 9.5 8.2
Copper 76.0 63.4 65.8 60.3 5.5 5.8 3.3 5.6 4.8 5.1
Portugal Cu Alloy 10.1 6.4 7.0 6.8 0.6 0.5 0.4 0.6 0.7 0.6
Total 86.1 69.8 72.9 67.1 6.1 6.3 3.7 6.2 5.5 5.7
Copper 37.1 39.9 63.5 64.6 5.2 5.7 5.6 7.6 6.5 5.9
Romania Cu Alloy 7.9 6.2 5.7 4.3 0.3 0.3 0.3 0.3 0.3 0.4
Total 45.0 46.0 69.2 68.8 5.5 6.0 5.9 7.8 6.8 6.3
ICSG Copper Bulletin - March 2012 - 36 -
TABLE 15A. COPPER AND COPPER ALLOY SEMIFABRICATE IMPORTSThousand metric tonnes, gross weight metal
COUNTRY Semis 2008 2009 2010 2011
Type 1/ p/ Jan-Nov Jun Jul Aug Sep Oct Nov
2011
Copper 21.0 16.3 24.5
Russian Fed. Cu Alloy 12.9 7.1 7.5
Total 34.0 23.4 32.0 31.1 3.2 3.1 3.1 3.1 2.4 2.4
Copper 93.0 64.2 84.0
Saudi Arabia Cu Alloy 2.0 1.5 20.5
Total 95.0 65.7 104.5
Copper 59.2 48.1 45.1
Singapore Cu Alloy 51.8 42.8 63.8
Total 111.0 90.9 108.9 83.5 8.3 8.0 8.0 8.0 6.3 6.3
Copper 15.3 14.4 18.8 18.9 1.9 1.9 1.6 2.1 1.7 1.6
Slovakia Cu Alloy 2.5 3.3 3.2 3.9 0.4 0.3 0.3 0.4 0.4 0.4
Total 17.7 17.6 22.1 22.8 2.3 2.2 1.9 2.6 2.0 2.0
Copper 10.4 7.9 8.7 9.9 0.9 0.8 0.8 0.9 0.9 0.7
Slovenia Cu Alloy 8.0 5.4 6.4 8.3 1.0 0.8 0.5 0.8 0.6 0.6
Total 18.4 13.3 15.1 18.2 1.8 1.7 1.3 1.7 1.5 1.3
Copper 21.3 18.7 31.0
South Africa Cu Alloy 3.1 1.8 2.0
Total 24.3 20.5 33.0 21.3 2.1 2.0 2.0 2.0 1.9 1.9
Copper 127.8 69.3 53.4 56.5 4.9 7.6 2.5 5.6 4.5 5.2
Spain Cu Alloy 43.3 29.3 39.1 34.5 3.3 2.4 1.7 3.3 2.6 3.5
Total 171.1 98.6 92.5 91.0 8.2 10.0 4.2 8.9 7.1 8.8
Copper 10.9 6.7 6.6
Serbia Cu Alloy 0.5 0.3 0.3
Total 11.4 7.0 6.9 9.1 0.9 0.9 0.9 0.9 0.9 0.9
Copper 42.8 36.7 40.7 40.3 3.8 2.6 3.7 4.7 4.0 3.8
Sweden Cu Alloy 12.0 7.0 8.3 9.5 1.0 0.5 0.8 0.8 0.7 0.8
Total 54.8 43.8 49.0 49.8 4.8 3.1 4.5 5.5 4.8 4.6
Copper 81.5 71.3 81.1
Switzerland Cu Alloy 38.2 24.7 33.8
Total 119.7 96.0 114.9 101.1 9.5 8.6 8.6 8.6 8.4 8.4
Copper
Taiwan (China) Cu Alloy
Total 87.0 68.1 90.8 81.9 7.1 9.0 7.9 6.4 6.0 5.4
Copper 67.6 54.9 80.7
Thailand Cu Alloy 57.2 42.2 60.7
Total 124.8 97.1 141.4 110.8 10.4 10.2 10.2 10.2 8.9 8.9
Copper 38.6 36.6 43.3
Tunisia Cu Alloy 3.3 3.6 5.4
Total 41.9 40.2 48.8
Copper 84.3 63.8 60.2
Turkey Cu Alloy 12.3 7.6 14.1
Total 96.6 71.4 74.3 77.4 7.4 6.8 6.8 6.8 6.6 6.6
Copper 18.1 10.5 13.2
Ukraine Cu Alloy 2.3 0.7 1.2
Total 20.4 11.2 14.3 16.6 1.5 1.7 1.7 1.7 1.7 1.7
Copper 237.8 152.3 158.9 138.4 12.7 12.9 11.9 12.0 14.1 11.3
United Kingdom Cu Alloy 54.8 35.7 67.6 195.6 17.6 18.4 16.8 17.3 21.1 16.9
Total 292.6 188.0 226.5 334.0 30.3 31.3 28.7 29.4 35.2 28.1
Copper 340.1 250.3 245.1 256.7 28.7 28.3 24.7 25.7 22.2 21.6
United States Cu Alloy 99.8 63.4 95.4 89.5 9.3 8.7 8.4 7.8 8.4 7.0
Total 439.9 313.8 340.5 346.1 38.1 37.0 33.1 33.5 30.5 28.6
Copper 26.7 17.0
Venezuela Cu Alloy 1.7 1.3
Total 28.4 18.3
Copper 238.9 161.5 22.6 9.9 1.0 1.0 0.9 0.8 0.8 0.9
Others Cu Alloy 58.7 28.0 8.2 7.4 0.7 0.7 0.5 0.6 0.6 0.7
Total 297.6 189.5 30.8 33.9 3.2 3.3 3.1 3.2 3.1 3.3
TOTAL IMPORTS, Copper 4,390.7 3,402.2 3,631.0 1,793.7 171.8 161.8 145.5 173.5 165.1 153.7
by Semifabricate Cu Alloy 1,789.2 1,327.3 1,915.4 1,011.4 96.3 92.1 67.6 93.5 95.2 85.4
Type Not Specif. 87.0 71.1 90.8 2,133.8 204.7 204.3 206.5 201.0 146.3 156.3
Total 6,267.0 4,800.5 5,637.2 4,939.0 472.7 458.2 419.7 468.0 406.6 395.4
Source: Official country trade statistics. 1/ Semifabricates include brass and wire mill products only.
p/ Preliminary. For some countries incomplete. Foundry and chemical plant products are excluded.
ICSG Copper Bulletin - March 2012 - 37 -
TABLE 15B. COPPER AND COPPER ALLOY SEMIFABRICATE EXPORTSThousand metric tonnes, gross weight metal
COUNTRY Semis 2008 2009 2010 2011
Type 1/ p/ Jan-Nov Jun Jul Aug Sep Oct Nov
Copper 0.4 0.2 0.3
Argentina Cu Alloy 0.9 0.7 1.7
Total 1.3 0.9 2.0 1.5 0.1 0.2 0.2 0.2 0.1 0.1
Copper 68.1 61.8 64.0 32.4 5.5
Australia Cu Alloy 3.1 2.1 1.7 0.9 0.2
Total 71.2 63.9 65.7 33.2 5.6
Copper 42.5 31.8 33.3 33.2 3.0 2.9 2.8 2.9 3.1 2.7
Austria Cu Alloy 11.9 9.0 10.5 10.9 1.0 1.0 0.9 0.9 1.0 0.9
Total 54.4 40.8 43.8 44.1 4.0 3.9 3.7 3.8 4.1 3.6
Copper 216.0 192.2 241.5 194.3 18.1 15.9 15.8 14.1 16.6 15.8
Belgium Cu Alloy 5.8 4.2 7.6 6.7 0.7 0.5 0.6 0.5 0.6 0.4
Total 221.8 196.4 249.0 201.0 18.9 16.4 16.4 14.6 17.2 16.2
Copper 30.2 24.5 26.1
Brazil Cu Alloy 5.5 4.5 5.8
Total 35.6 29.0 32.0 30.7 3.3 3.1 3.1 3.5 2.6 2.9
Copper 141.8 107.0 122.0 122.5 10.6 9.7 11.9 11.5 10.7 11.0
Canada Cu Alloy 4.3 3.2 4.7 3.9 0.4 0.3 0.3 0.4 0.4 0.4
Total 146.2 110.2 126.6 126.3 11.0 10.0 12.3 11.9 11.1 11.3
Copper 74.0 64.3 70.1
Chile Cu Alloy 5.0 4.6 1.8
Total 79.0 68.9 71.9 65.4 6.6 6.4 6.4 6.4 5.6 5.6
Copper 195.9 169.6 176.1
China Cu Alloy 232.2 219.8 251.3
Total 428.1 389.4 427.4 379.8 37.4 39.3 33.0 30.7 28.3 31.7
Copper 6.2 3.6 5.5 6.0 0.7 0.5 0.4 0.8 0.8 0.9
Czech Rep. Cu Alloy 12.2 9.9 10.2 9.8 1.0 0.9 0.8 0.8 0.6 1.2
Total 18.5 13.5 15.7 15.8 1.7 1.5 1.3 1.6 1.4 2.1
Copper 2.1 2.2 2.1 2.0 0.2 0.2 0.2 0.2 0.2 0.2
Denmark Cu Alloy 1.1 0.8 1.3 1.7 0.1 0.1 0.1 0.2 0.2 0.2
Total 3.2 3.1 3.4 3.7 0.3 0.2 0.3 0.4 0.5 0.4
Copper 60.5 45.5 52.7 47.1 4.5 3.1 3.7 5.1 4.3 3.2
Finland Cu Alloy 2.5 0.1 0.7 0.9 0.1 0.1 0.1 0.1 0.0 0.0
Total 63.0 45.6 53.4 47.9 4.6 3.2 3.8 5.2 4.4 3.2
Copper 310.3 216.3 179.8 160.1 15.1 13.2 9.0 15.0 13.1 12.4
France Cu Alloy 61.0 40.9 52.8 50.6 4.5 4.5 2.4 4.9 4.9 4.1
Total 371.3 257.1 232.6 210.7 19.6 17.7 11.5 19.9 18.0 16.4
Copper 749.3 560.8 629.5 580.0 52.8 47.4 50.6 56.0 48.8 42.9
Germany Cu Alloy 333.8 250.1 345.7 305.3 28.5 26.3 23.4 28.3 25.8 24.1
Total 1,083.0 811.0 975.2 885.3 81.3 73.8 74.0 84.3 74.6 66.9
Copper 72.0 40.4 51.3 50.5 5.0 5.1 3.9 3.9 4.5 4.5
Greece Cu Alloy 23.0 7.8 9.0 9.4 1.0 0.9 0.2 0.9 0.7 1.0
Total 94.9 48.3 60.3 59.9 6.0 6.0 4.1 4.8 5.2 5.5
Copper 79.5 85.7 84.0
Hong Kong, China Cu Alloy 77.3 58.8 179.7
Total 156.8 144.5 263.6 172.5 19.4 20.1 20.1 20.1
Copper 0.3 0.2 0.3 0.6 0.1 0.0 0.0 0.0 0.1 0.2
Hungary Cu Alloy 0.4 0.1 0.2 0.3 0.0 0.0 0.0 0.1 0.0 0.0
Total 0.7 0.3 0.5 0.9 0.1 0.1 0.1 0.1 0.1 0.3
Copper 88.5 41.4 89.7
India Cu Alloy 18.3 14.9 11.7
Total 106.8 56.3 101.4 71.0 13.6
2011
ICSG Copper Bulletin - March 2012 - 38 -
TABLE 15B. COPPER AND COPPER ALLOY SEMIFABRICATE EXPORTSThousand metric tonnes, gross weight metal
COUNTRY Semis 2008 2009 2010 2011
Type 1/ p/ Jan-Nov Jun Jul Aug Sep Oct Nov
2011
Copper 88.0 81.0 105.7
Indonesia Cu Alloy 4.7 2.1 2.3
Total 92.7 83.0 108.1 100.3 7.8 10.6 10.6 10.6 9.3 9.3
Copper 182.9 165.9 165.4 135.8 13.0 14.4 5.9 14.3 13.0 11.6
Italy Cu Alloy 119.5 77.8 104.3 103.1 9.7 11.0 4.1 9.9 9.2 8.8
Total 302.5 243.8 269.7 238.9 22.7 25.4 10.0 24.2 22.2 20.4
Copper 131.2 93.8 133.5 96.0 9.2 8.7 7.7 8.1 7.4 7.5
Japan Cu Alloy 141.7 87.8 140.4 112.8 11.1 10.2 9.3 9.5 9.2 7.7
Total 272.8 181.6 273.9 208.9 20.3 18.9 17.0 17.5 16.5 15.3
Copper 42.5 1.8 22.4 18.6 3.5 2.0 2.0 0.6
Kazakhstan Cu Alloy 5.2 3.2 2.5 1.4 0.2 0.0 0.1 0.1
Total 47.7 5.0 24.8 20.0 3.7 2.0 2.1 0.7
Copper 172.2 218.7 217.5
Korean Rep. Cu Alloy 134.7 109.9 40.5
Total 306.8 328.7 257.9 297.4 27.3 27.1 26.8 25.0 23.1 22.8
Copper 206.9 100.8 141.3
Malaysia Cu Alloy 16.4 12.6 23.3
Total 223.3 113.4 164.6 130.3 13.3 12.0 12.0 12.0 10.7 10.7
Copper 55.6 37.8 35.7
Mexico Cu Alloy 26.2 17.3 20.5
Total 81.9 55.2 56.2 81.8 5.0 5.0 5.0 5.0 4.5 4.5
Copper 4.1 2.8 3.2 9.8 1.9 1.1 1.2 1.0 1.3 1.5
Netherlands Cu Alloy 45.5 38.0 52.3 46.7 4.2 3.3 3.1 5.1 4.4 3.6
Total 49.6 40.9 55.5 56.4 6.1 4.5 4.3 6.1 5.6 5.0
Copper 0.0 0.1 0.0
New Zealand Cu Alloy 2.8 2.8 1.9
Total 2.9 2.8 2.0
Copper 46.5 34.6 45.5
Peru Cu Alloy 6.2 4.0 5.7
Total 52.6 38.6 51.1 46.0 4.4 4.2 4.2 4.2 4.0 4.0
Copper 2.4 3.5 5.1
Philippines Cu Alloy 0.2 0.1 10.8
Total 2.6 3.6 16.0 3.4 0.2 0.4 0.4 0.4 0.4 0.4
Copper 100.1 93.8 131.9 129.1 9.8 11.8 11.6 11.7 13.0 13.1
Poland Cu Alloy 19.2 11.7 15.3 15.6 1.4 1.5 1.4 1.7 1.5 1.4
Total 119.4 105.4 147.2 144.7 11.2 13.3 13.0 13.4 14.5 14.5
Copper 3.2 3.7 4.2 3.9 0.4 0.3 0.2 0.4 0.4 0.4
Portugal Cu Alloy 12.7 8.6 9.0 9.2 1.0 1.1 0.2 0.8 0.9 0.6
Total 15.9 12.4 13.2 13.1 1.4 1.5 0.4 1.2 1.3 1.1
Copper 8.8 0.3 0.7 2.6 0.3 0.3 0.3 0.3 0.3 0.5
Romania Cu Alloy 0.6 0.3 0.3 0.3 0.0 0.0 0.0 0.1 0.0 0.0
Total 9.4 0.6 0.9 2.9 0.4 0.3 0.4 0.4 0.4 0.5
Copper 402.5 201.3 192.4
Russian Fed. Cu Alloy 12.3 13.6 24.5
Total 414.8 214.9 216.9 338.8 31.8 30.9 30.9 30.9 30.8 30.8
Copper 1.1
Saudi Arabia Cu Alloy 1.1
Total 2.2
Copper 23.5 21.1 32.1
Singapore Cu Alloy 28.3 19.9 41.5
Total 51.8 41.0 73.6 50.5 4.7 4.6 4.6 4.6 4.1 4.1
ICSG Copper Bulletin - March 2012 - 39 -
TABLE 15B. COPPER AND COPPER ALLOY SEMIFABRICATE EXPORTSThousand metric tonnes, gross weight metal
COUNTRY Semis 2008 2009 2010 2011
Type 1/ p/ Jan-Nov Jun Jul Aug Sep Oct Nov
2011
Copper 3.0 5.5 4.2 6.0 0.5 0.4 0.3 0.5 0.8 0.4
Slovakia Cu Alloy 3.3 0.1 0.1 1.0 0.2 0.1 0.0 0.1 0.1 0.2
Total 6.3 5.6 4.3 7.0 0.7 0.5 0.3 0.6 0.8 0.6
Copper 1.3 1.1 1.7 1.5 0.1 0.1 0.1 0.2 0.1 0.1
Slovenia Cu Alloy 2.8 2.1 2.6 4.3 0.3 0.2 0.2 0.3 0.2 0.3
Total 4.1 3.2 4.2 5.8 0.5 0.3 0.3 0.5 0.2 0.4
Copper 120.7 128.2 153.9 142.5 12.3 13.1 8.2 13.1 13.7 16.2
Spain Cu Alloy 32.5 23.9 22.9 21.9 2.6 1.7 0.6 2.0 2.3 2.1
Total 153.2 152.1 176.9 164.4 14.9 14.9 8.8 15.1 16.0 18.3
Copper 112.7 109.7 121.1 90.6 8.4 6.5 7.1 8.7 8.1 8.4
Sweden Cu Alloy 12.1 8.2 10.8 10.5 1.0 0.4 0.9 1.0 0.9 0.9
Total 124.8 117.9 131.9 101.1 9.4 6.9 8.0 9.7 9.0 9.3
Copper 7.4 7.0 7.5
Switzerland Cu Alloy 11.0 8.2 11.2
Total 18.4 15.2 18.6 12.6 1.4 0.8 0.8 0.8 0.7 0.7
Copper
Taiwan (China) Cu Alloy
Total 369.0 325.3 355.1 307.7 32.2 30.1 28.2 24.1 25.2 26.7
Copper 38.0 36.0 43.4
Thailand Cu Alloy 19.3 15.3 30.1
Total 57.3 51.3 73.4 60.8 5.6 5.5 5.5 5.5 5.2 5.2
Copper 46.0 38.8 51.1
Turkey Cu Alloy 13.1 13.6 21.9
Total 59.0 52.4 73.0 66.8 6.0 6.1 6.1 6.1 5.8 5.8
Copper 15.3 11.9 12.5
Ukraine Cu Alloy 15.7 18.2 17.7
Total 31.0 30.1 30.2 20.5 2.4 2.0 2.0 2.0 1.4 1.4
Copper 35.2 23.2 23.6 23.3 2.2 2.7 2.0 2.1 2.5 2.1
United Kingdom Cu Alloy 27.8 21.0 20.8 19.3 1.6 2.1 1.3 1.8 1.7 1.6
Total 63.0 44.3 44.3 42.6 3.8 4.8 3.3 3.9 4.2 3.7
Copper 200.4 170.9 204.3 182.5 17.0 15.9 15.9 15.4 16.0 14.7
United States Cu Alloy 82.4 57.4 68.0 59.6 5.5 5.2 5.3 5.5 5.8 4.9
Total 282.8 228.3 272.3 242.1 22.6 21.1 21.2 20.9 21.8 19.6
Copper 39.4 38.3 38.2
Serbia Cu Alloy 7.5 6.9 7.0
Total 46.9 45.2 45.3 44.3 4.5 4.1 4.1 4.1 3.4 3.4
Copper 228.9 109.1 103.9 91.2 8.4 8.9 6.6 8.1 8.4 8.9
Others Cu Alloy 67.8 47.3 33.4 17.0 1.8 1.6 1.0 1.7 1.5 1.4
Total 316.4 175.8 169.0 138.7 13.5 13.6 10.7 12.9 12.4 12.7
TOTAL EXPORTS, Copper 4,368.8 3,335.9 3,767.2 2,111.6 197.5 179.2 163.7 190.0 182.7 174.6
by Semifabricate Cu Alloy 1,631.2 1,237.4 1,612.5 813.7 77.5 72.4 56.1 75.8 71.2 64.8
Type Not Specif. 388.8 344.7 386.7 2,292.2 227.8 213.6 205.2 197.4 166.2 171.2
Total 6,388.8 4,918.0 5,766.4 5,217.5 502.9 465.2 425.1 463.2 420.2 410.6
Source: Official country trade statistics.
p/ Preliminary. For some countries incomplete.
1/ Semifabricates include brass and wire mill products. Foundry and chemical plant products are excluded.
ICSG Copper Bulletin - March 2012 - 40 -
TABLE 16A. IMPORTS OF COPPER AND COPPER ALLOY SCRAPThousand metric tonnes, gross weight metal
COUNTRY Scrap 2008 2009 2010 2011
Type 1/ p/ Jan-Nov Jun Jul Aug Sep Oct Nov
Australia Total 2.9 1.3 1.8 0.5 0.1
Copper 84.4 107.0 115.0 94.9 9.1 6.3 6.3 6.3 5.2 6.8
Austria Cu Alloy 29.8 25.4 31.2 28.9 1.5 3.8 2.3 2.5 1.5 2.8
Total 114.2 132.4 146.2 123.9 10.6 10.2 8.6 8.7 6.7 9.5
Copper 81.8 77.1 135.4 110.1 8.5 7.9 6.7 13.4 7.9 11.2
Belgium Cu Alloy 171.3 140.0 138.6 124.4 10.5 10.9 10.7 12.0 8.9 10.0
Total 253.1 217.2 274.0 234.4 19.0 18.7 17.3 25.4 16.8 21.2
Brazil Total 4.3 0.5 1.5 4.6 0.2 0.2 0.3 0.2 0.5 0.3
Canada Total 51.7 41.3 73.7 62.4 3.9 5.2 8.7 4.7 6.5 9.0
China 2/ Total 5,577.0 3,998.0 4,364.4 4,240.5 421.8 432.3 382.2 418.4 377.5 433.5
Czech Rep. Total 8.4 9.5 11.6 17.1 0.9 1.2 1.6 2.1 1.9 2.1
Denmark Total 16.5 10.3 9.4 8.6 0.7 0.5 1.0 1.0 1.4 0.8
Finland Total 4.1 7.0 89.9 7.6 0.6 0.5 0.4 0.9 1.0 1.0
Copper 43.9 33.6 45.4 38.3 3.8 3.8 2.4 3.0 3.7 3.3
France Cu Alloy 34.3 16.7 26.5 38.0 3.9 3.3 2.8 3.3 3.2 3.4
Total 78.3 50.3 71.9 76.3 7.7 7.1 5.2 6.4 6.9 6.8
Copper 254.3 206.7 263.4 250.0 22.0 27.5 23.3 20.9 16.7 21.6
Germany Cu Alloy 309.3 248.0 357.1 341.0 32.8 36.3 29.1 29.6 29.2 29.8
Total 563.6 454.8 620.4 591.0 54.8 63.9 52.4 50.5 45.9 51.4
Greece Total 18.6 11.2 19.5 27.4 2.4 2.7 1.6 2.4 2.4 1.8
Hong Kong, China Total 210.4 190.4 155.3 92.4 10.6 10.6 10.6 10.6
Hungary Total 3.1 3.9 4.0 3.7 0.4 0.4 0.4 0.6 0.7 0.5
India Total 103.3 78.5 92.3 81.3 17.0
Indonesia Total 9.7 6.6 14.2 16.1 1.1 2.1 2.1 2.1 1.0 1.0
Ireland Total 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Copper 64.1 31.6 76.6 45.8 3.5 3.6 1.5 4.6 3.7 3.6
Italy Cu Alloy 103.1 59.9 88.7 91.4 8.5 8.9 2.8 8.4 6.8 7.7
Total 167.2 91.5 165.2 137.3 11.9 12.4 4.3 13.0 10.5 11.3
Copper 71.9 55.0 88.8 74.0 6.2 7.9 9.2 6.2 5.6 4.7
Japan Cu Alloy 66.8 42.2 70.6 53.9 4.7 5.1 5.2 4.3 4.2 4.2
Total 138.7 97.1 159.4 127.9 10.9 13.0 14.4 10.5 9.8 8.9
Kazakhstan Total 0.1 0.0 11.1 11.2 1.1 0.4 0.2 0.1 0.1
Korean Rep. Total 216.8 163.1 203.0 245.9 21.4 18.4 25.0 25.6 20.9 21.5
Malaysia Total 13.2 8.9 13.2 14.8 1.4 1.3 1.3 1.3 1.2 1.2
Mexico Total 28.6 32.7 49.6 27.6 3.3 2.4 2.4 2.4 0.9 0.9
Morocco Total 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0
Copper 16.9 35.1 29.1 24.5 2.0 1.5 3.0 1.9 1.5 2.0
Netherlands Cu Alloy 99.9 92.5 111.9 150.7 16.5 16.5 12.4 15.1 10.6 13.5
Total 116.8 127.7 141.0 175.2 18.5 18.0 15.4 17.0 12.1 15.5
New Zealand Total 0.9 1.0 1.4
Norway Total 11.2 10.0 9.9
Philippines Total 3.9 4.2 2.4 1.8 0.1 0.2 0.2 0.2 0.0 0.0
Poland Total 18.1 21.9 24.3 24.6 1.6 2.6 3.2 3.1 1.3 1.8
Portugal Total 8.8 6.8 8.5 7.2 0.5 0.5 0.3 0.7 0.5 0.4
Russian Fed. Total 3.5 11.0 10.7 1.4 0.2 0.2 0.2 0.2 0.1 0.1
2011
ICSG Copper Bulletin - March 2012 - 41 -
TABLE 16A. IMPORTS OF COPPER AND COPPER ALLOY SCRAPThousand metric tonnes, gross weight metal
COUNTRY Scrap 2008 2009 2010 2011
Type 1/ p/ Jan-Nov Jun Jul Aug Sep Oct Nov
2011
Singapore Total 4.4 2.3 3.6 6.9 0.5 0.4 0.4 0.4 0.6 0.6
Slovakia Total 18.0 29.1 39.8 26.7 2.0 2.3 2.0 2.6 1.6 2.5
Slovenia Total 7.5 8.5 19.7 11.5 1.0 1.2 0.9 1.9 0.8 0.9
South Africa Total 2.5 1.3 1.2 1.3 0.1 0.1 0.1 0.1 0.1 0.1
Copper 26.0 22.7 37.2 39.2 1.8 2.1 1.8 2.2 3.8 5.4
Spain Cu Alloy 37.2 45.4 45.7 42.3 3.4 3.4 2.7 3.8 3.3 3.4
Total 63.2 68.1 82.9 81.5 5.2 5.5 4.5 6.1 7.1 8.9
Sweden Total 92.1 97.0 108.4 113.9 11.1 11.4 10.2 9.2 9.3 12.8
Switzerland Total 5.3 2.7 6.1 4.0 0.5 0.2 0.2 0.2 0.2 0.2
Taiwan (China) Total 106.6 70.2 90.3 83.8 7.8 7.7 7.4 7.0 6.8 7.9
Thailand Total 9.2 9.4 10.3 9.0 0.9 0.8 0.8 0.8 0.8 0.8
Turkey Total 1.3 0.9 3.9 5.9 0.8 0.3 0.3 0.3 0.3 0.3
United Arab Emirates Total 22.0 18.0 27.6 27.1 2.9 2.3 1.9 2.7 2.1 2.7
Copper 7.2 6.7 12.2 9.7 1.5 0.9 0.8 1.1 0.6 0.7
United Kingdom Cu Alloy 14.8 11.3 15.4 17.4 1.4 1.4 1.2 1.6 1.5 2.1
Total 22.0 18.0 27.6 27.1 2.9 2.3 1.9 2.7 2.1 2.7
Copper 68.9 41.8 54.6 63.9 6.5 5.8 5.7 5.3 4.9 5.0
United States Cu Alloy 37.5 30.1 41.3 38.4 3.7 3.4 3.7 3.3 3.9 4.0
Total 106.3 71.8 95.8 102.3 10.2 9.1 9.4 8.6 8.8 9.0
Serbia Total 0.4 0.2 0.3 0.7 0.0 0.1 0.1 0.1 0.1 0.1
Others Total 46.0 32.8 27.2 46.8 0.7 4.8 3.9 4.5 4.7 5.0
Copper 844.6 740.7 1,130.5 1,015.5 87.7 94.0 83.4 89.0 71.9 87.7
TOTAL IMPORTS, Cu Alloy 1,092.2 882.2 1,194.6 1,066.5 99.4 105.7 86.3 99.5 80.2 87.0
by Scrap Type Not Specif. 6,308.5 4,587.2 4,957.9 4,812.0 481.4 472.3 432.1 464.4 418.0 478.0
Total 8,245.3 6,210.1 7,283.0 6,894.0 668.6 672.1 601.8 652.9 570.1 652.7
EU-15 3/ Total 452.6 382.0 524.3 546.6 44.8 47.1 45.1 46.3 42.8 45.4
EU-27 4/ Total 334.8 282.3 371.0 420.1 33.9 33.1 34.1 35.9 32.9 34.7
Souce: Official country trade statistics
p/ Preliminary. For some countries incomplete.
1/ Scrap type does not include low-grade copper containing scrap, such as ashes and residues.
2/ Total may include some low-grade material.
3/ Includes only Extra EU-15 trade.
4/ Includes only Extra EU-27 trade.
ICSG Copper Bulletin - March 2012 - 42 -
TABLE 16B. EXPORTS OF COPPER AND COPPER ALLOY SCRAPThousand metric tonnes, gross weight metal
COUNTRY Scrap 2008 2009 2010 2011
Type 1/ p/ Jan-Nov Jun Jul Aug Sep Oct Nov
Algeria Total 18.1 1.6
Argentina Total 0.0 0.0 0.0
Australia Total 50.5 62.2 74.2 40.7 7.6
Austria Total 41.8 53.6 54.2 53.2 6.4 2.8 4.1 6.7 4.6 5.7
Copper 70.5 30.4 53.9 57.4 5.4 6.2 5.8 5.6 4.0 2.2
Belgium Cu Alloy 82.9 77.2 95.9 97.8 11.7 8.8 7.5 9.4 6.3 7.3
Total 153.5 107.6 149.7 155.3 17.2 15.0 13.3 15.1 10.3 9.6
Brazil Total 2.0 3.3 23.2 14.7 0.4 1.3 9.3 0.5 1.1 0.7
Bulgaria Total 10.5 10.6 18.2 11.9 0.9 1.1 1.0 0.9 0.6 1.1
Canada Total 153.5 147.5 158.1 165.1 17.2 18.1 14.7 15.8 13.1 17.1
Chile Total 72.0 68.7 119.7 66.8 7.9 4.3 4.3 4.3 2.6 2.6
China Total 3.3 2.2 2.3 1.5 0.2 0.1 0.1 0.1 0.1 0.2
Colombia Total 35.9 35.2 53.5 45.7 3.6 3.8 3.8 3.8 4.7 4.7
Croatia Total 10.9 10.2 13.3
Czech Rep. Total 59.8 105.2 122.2 80.1 5.5 6.4 5.7 7.0 5.8 6.3
Denmark Total 35.8 31.0 30.6 31.1 3.0 2.9 3.0 3.4 2.8 3.0
Estonia Total 8.2 5.6 5.5 4.7 0.3 0.6 0.3 0.6 0.6 0.2
Finland Total 32.5 32.8 32.8 30.9 3.2 2.3 2.8 3.6 3.1 3.5
Copper 121.6 100.6 145.2 141.7 12.6 14.4 10.8 13.0 8.6 11.9
France Cu Alloy 141.4 128.8 141.5 142.8 12.5 13.2 11.2 14.6 11.3 13.3
Total 263.0 229.4 286.6 284.5 25.2 27.5 22.0 27.6 19.9 25.2
Georgia Total 6.0 5.6 8.3
Copper 133.0 131.3 199.6 180.1 14.6 17.0 15.7 16.1 14.4 15.5
Germany Cu Alloy 345.7 318.7 378.8 357.9 33.2 36.9 34.2 33.5 27.1 33.5
Total 478.6 450.0 578.4 538.0 47.7 53.8 49.9 49.7 41.5 49.0
Greece Total 12.3 15.7 22.0 17.0 1.9 1.5 1.3 1.7 1.2 1.1
Hong Kong, China Total 116.4 70.0 130.2 65.1 7.5 6.9 6.9 6.9
Hungary Total 20.0 18.1 13.8 26.9 3.3 3.0 2.7 3.1 2.3 3.4
India Total 1.1 1.9 3.0 2.3 0.4
Indonesia Total 40.6 34.8 45.6 39.5 3.4 3.5 3.5 3.5 3.1 3.1
Ireland Total 15.2 45.5 7.2 8.6 1.3 0.9 0.8 0.9 0.6 0.8
Israel Total 12.5 12.1 16.1
Copper 75.0 74.1 83.8 46.0 4.5 5.1 1.9 3.8 3.5 3.9
Italy Cu Alloy 73.9 84.0 83.2 114.9 10.6 13.2 5.3 13.7 9.6 9.6
Total 148.9 158.1 167.0 160.9 15.0 18.2 7.1 17.5 13.1 13.5
Japan Total 395.5 359.5 285.6 262.7 31.3 26.0 23.7 17.9 14.8 23.9
Kazakhstan Total 11.7 16.0 25.7 11.1 1.1 0.4 0.2 0.1
Korean Rep. Total 191.5 187.0 100.1 77.2 8.8 8.3 8.4 6.6 3.1 6.3
Latvia Total 6.9 6.2 1.9 11.5 1.2 1.2 1.7 1.4 0.7 0.7
Lithuania Total 4.7 3.4 1.5 5.0 0.6 0.6 0.5 0.5 0.5 0.6
Malaysia Total 58.1 28.5 37.3 28.3 2.5 2.5 2.5 2.5 1.6 1.6
Mexico Total 128.9 108.5 126.2 105.4 8.5 8.6 8.6 8.6 10.8 10.8
Morocco Total 12.6 12.7 25.6 32.1 2.9 3.3 3.3 3.3 2.3 2.3
Copper 61.0 83.4 79.7 68.2 5.9 6.6 5.9 3.4 2.5 3.8
Netherlands Cu Alloy 164.4 184.8 209.4 220.4 21.4 23.2 20.3 21.6 19.3 19.6
Total 225.3 268.2 289.1 288.5 27.3 29.7 26.2 25.0 21.7 23.3
New Zealand Total 9.6 13.5 13.0
2011
ICSG Copper Bulletin - March 2012 - 43 -
TABLE 16B. EXPORTS OF COPPER AND COPPER ALLOY SCRAPThousand metric tonnes, gross weight metal
COUNTRY Scrap 2008 2009 2010 2011
Type 1/ p/ Jan-Nov Jun Jul Aug Sep Oct Nov
2011
Norway Total 22.5 25.3 37.8
Oman Total 0.1 13.5 8.2
Peru Total 5.5 6.0 7.0 6.8 0.7 0.6 0.6 0.6 0.5 0.5
Philippines Total 18.5 22.5 21.1 23.8 2.2 2.2 2.2 2.2 2.0 2.0
Poland Total 86.9 54.0 64.5 55.2 4.1 5.2 4.8 4.6 3.5 6.0
Copper 5.1 1.5 1.6 8.0 0.4 1.1 0.5 0.7 0.6 0.8
Portugal Cu Alloy 14.1 18.4 21.5 24.6 2.7 2.9 0.9 3.0 1.9 2.0
Total 19.2 19.9 23.1 32.6 3.1 4.0 1.4 3.7 2.5 2.8
Romania Total 31.7 42.1 69.0 50.9 5.5 5.4 4.7 4.8 3.7 4.8
Russian Fed. Total 2.5 1.3 2.3 0.1 0.0 0.0 0.0 0.0 0.0 0.0
Saudi Arabia Total 57.3 56.5
Serbia Total 7.7 7.9 12.3 9.1 0.9 1.1 1.1 1.1 0.9 0.9
Singapore Total 19.5 8.7 14.2 16.4 1.4 1.6 1.6 1.6 1.5 1.5
Slovakia Total 20.8 14.7 14.7 16.7 1.5 1.9 1.9 2.5 1.6 1.1
Slovenia Total 12.8 13.9 26.5 20.7 1.7 2.2 1.7 2.4 1.6 1.9
South Africa Total 82.4 71.2 73.4 75.5 6.9 7.6 7.6 7.6 6.4 6.4
Copper 26.0 36.7 26.1 12.6 1.6 1.4 0.3 0.8 1.0 1.1
Spain Cu Alloy 56.1 63.1 76.1 62.8 6.9 6.2 4.7 6.5 6.1 6.7
Total 82.1 99.8 102.2 75.3 8.5 7.6 4.9 7.3 7.2 7.8
Sweden Total 60.8 55.5 43.3 52.8 5.9 2.7 4.5 6.2 5.7 6.3
Switzerland Total 82.7 71.2 75.6 77.1 6.3 7.7 7.7 7.7 7.2 7.2
Taiwan (China) Total 130.1 110.1 86.8 68.9 6.6 6.7 5.6 4.4 3.4 4.7
Thailand Total 76.4 69.7 66.4 69.7 6.5 6.4 6.4 6.4 4.9 4.9
Tunisia Total 8.3 3.6 6.0
Turkey Total 9.7 17.0 12.4 4.6 0.2 0.3 0.3 0.3 0.6 0.6
United Arab Emirates Total 77.4
Copper 179.9 238.9 218.9 182.9 14.1 18.7 18.6 16.3 14.5 14.1
United Kingdom Cu Alloy 176.8 190.0 200.0 294.9 24.8 30.8 30.3 27.0 29.7 30.5
Total 356.7 428.9 418.9 477.8 38.8 49.5 48.9 43.3 44.2 44.7
Copper 278.5 244.8 336.5 460.8 48.0 48.0 46.7 41.0 38.8 42.1
United States Cu Alloy 629.6 597.8 699.4 706.7 65.1 69.3 75.3 64.8 57.3 63.8
Total 908.1 842.6 1,036.0 1,167.6 113.2 117.3 122.0 105.8 96.1 105.9
Zambia Total 1.0 0.6 0.7
Others Total 147.4 194.2 9.8 4.9 0.5 0.6 0.3 0.3 0.2 0.4
Copper 1,060.4 1,106.5 1,398.1 1,393.8 132.7 139.1 126.5 125.6 103.8 113.9
TOTAL EXPORTS, Cu Alloy 1,989.3 1,901.5 2,341.8 2,345.1 218.4 232.4 218.0 226.8 191.9 214.8
by Scrap Type Not Specif. 2,126.0 1,964.8 1,534.2 1,234.0 126.2 114.0 115.3 98.8 84.5 101.9
Total 5,175.7 4,972.8 5,274.1 4,972.9 477.4 485.5 459.9 451.2 380.1 430.5
EU-15 2/ Total 1,006.2 1,150.1 1,191.8 1,242.4 113.7 126.6 118.1 119.1 104.7 109.3
EU-27 3/ Total 1,021.0 1,174.2 1,207.6 1,254.7 115.8 130.2 121.2 120.5 105.0 110.6
Source: Official country trade statistics
p/ Preliminary. For some countries incomplete.
1/ Scrap type does not include low-grade copper containing scrap, such as ashes and residues.
2/ Includes only Extra EU-15 trade.
3/ Includes only Extra EU-27 trade.
ICSG Copper Bulletin - March 2012 - 44 -
TABLE 17 - COPPER STATISTICS OF SELECT COUNTRIESThousand metric tonnes, copper
2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011
Jan-Nov Jan-Nov Jan-Nov
MINE PRODUCTION
Concentrates 180.1 180.2 156.9 143.1 140.3 109.1 806.4 829.1 830.5 830.6 856.0 836.9
Mine SX-EW 52.4 42.1 53.0 23.4 14.4 37.3
Mine Total 180.1 180.2 156.9 143.1 140.3 109.1 858.8 871.2 883.5 854.0 870.3 874.2
Ores & Concentrates (Cu Ct.)
Imports 0.0 0.5 1.6 0.7 1.1 1.4 0.0 1.1 0.0 0.0 0.1 0.0 5.2 6.3 3.6 4.9 3.1 3.7
Exports 178.0 178.2 163.5 142.0 156.9 126.6 490.4 399.7 542.0 575.8 583.4 496.7 0.5 0.3 0.6 1.4 1.3 0.6
SMELTER PRODUCTION
Smelter Primary 377.0 398.5 446.9 422.0 410.0 405.4
Smelter Secondary 114.6 115.2 124.5 114.4 118.6 103.3
Low Grade Electrowon
Smelter Total 377.0 398.5 446.9 422.0 410.0 405.4 114.6 115.2 124.5 114.4 118.6 103.3
Blister and Anode
Imports 0.0 0.0 0.9 20.8 47.4 70.3 58.3 19.7 267.5 224.1 220.8 212.1 192.6 184.5
Exports 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8.8 10.8 11.1 12.0 46.1 29.5
REFINERY PRODUCTION
Refinery Primary 376.5 399.5 448.6 422.1 409.7 398.2 237.9 230.0 231.0 222.6 216.3 199.1
Refinery Secondary 16.0 16.0 16.0 16.0 16.0 14.6 152.8 164.5 162.7 150.1 164.9 158.3
Refinery SX-EW 52.4 42.1 53.0 23.4 14.4 37.3
Refinery Total 16.0 16.0 16.0 16.0 16.0 14.6 428.9 441.6 501.5 445.5 424.1 435.5 390.7 394.4 393.7 372.7 381.2 357.4
Refined Copper
Imports 14.4 14.6 14.5 11.4 9.9 11.3 1.3 0.9 7.5 0.2 31.7 11.0 21.8 27.9 54.2 80.0 61.6 29.7
Exports 0.3 0.0 0.0 286.6 294.9 358.3 316.2 324.7 340.9 236.8 199.4 260.3 248.5 189.4 156.6
USAGE
Reported 30.0 30.6 30.5 27.4 25.9 26.0 143.4 147.6 150.7 129.5 131.1 114.1 290.5 308.7 284.7 217.3 270.0 229.8
Apparent Usage 1/
30.0 30.6 30.5 27.4 25.9 26.0 143.6 147.6 150.7 129.5 131.1 105.6 175.7 222.9 187.7 204.2 253.3 230.5
COUNTRY STOCKS
Producers 5.0 5.0 5.0 5.0 5.0 5.0
Merchants
Consumers
Total 5.0 5.0 5.0 5.0 5.0 5.0
1/ Not including Exchange stock changes.
ARGENTINA AUSTRALIA BELGIUM
ICSG Copper Bulletin - March 2012 - 45 -
TABLE 17 - COPPER STATISTICS OF SELECT COUNTRIESThousand metric tons, copper
CANADA CHILE
2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011
Jan-Nov Jan-Nov Jan-Nov
MINE PRODUCTION
Concentrates 143.6 205.4 216.8 206.7 206.8 191.6 603.3 594.8 606.4 493.7 521.8 516.1 3,669.0 3,724.9 3,356.6 3,276.9 3,330.4 2,891.7
Mine SX-EW 0.9 3.8 6.5 7.4 4.0 1.5 1.6 0.8 3.2 0.9 1,691.8 1,831.9 1,971.0 2,112.4 2,088.2 1,842.9
Mine Total 143.6 206.3 220.6 213.1 214.2 195.7 603.3 596.2 608.0 494.5 525.0 517.0 5,360.8 5,556.8 5,327.6 5,389.3 5,418.6 4,734.6
Ores & Concentrates (Cu Ct.)
Imports 160.8 144.9 142.2 146.8 140.4 124.8 104.3 56.9 73.8 51.6 44.4 13.8 37.9 28.0 37.2 15.9 46.5 51.8
Exports 109.2 172.0 191.4 179.2 189.3 166.5 268.3 216.1 339.1 257.3 245.5 334.2 2,171.5 2,251.4 2,133.4 1,798.0 1,863.4 1,529.9
SMELTER PRODUCTION
Smelter Primary 179.6 171.1 184.4 176.4 176.4 155.9 484.7 470.7 443.8 316.5 318.0 277.9 1,565.4 1,514.3 1,369.2 1,522.3 1,559.8 1,239.0
Smelter Secondary 40.0 40.0 39.1 30.6 47.7 46.3 35.8 46.1 41.8 29.7 31.8 23.5
Low Grade Electrowon
Smelter Total 219.6 211.1 223.5 206.9 224.1 202.2 520.5 516.8 485.6 346.2 349.8 301.4 1,565.4 1,514.3 1,369.2 1,522.3 1,559.8 1,239.0
Blister and Anode
Imports 0.2 0.0 2.0 0.0 1.4 0.1 93.5 101.7 94.2 81.9 46.9 17.6 0.0 0.0 0.0 0.0 0.0
Exports 1.5 3.0 88.3 95.9 85.2 62.1 21.9 0.0 457.1 415.4 407.8 395.8 418.5 368.7
REFINERY PRODUCTION
Refinery Primary 179.7 178.4 183.7 176.4 177.8 156.2 463.6 405.2 398.1 304.5 283.7 223.9 1,119.5 1,104.4 1,086.6 1,159.1 1,155.4 979.3
Refinery Secondary 40.0 40.0 39.3 30.6 47.7 46.3 36.9 46.9 42.4 30.6 32.3 24.0
Refinery SX-EW 0.9 3.8 6.5 7.4 4.0 1.5 1.6 0.8 3.2 0.9 1,691.8 1,831.9 1,971.0 2,112.4 2,088.2 1,842.9
Refinery Total 219.7 219.3 226.8 213.4 232.9 206.5 500.5 453.5 442.1 335.9 319.2 248.9 2,811.3 2,936.3 3,057.6 3,271.5 3,243.6 2,822.2
Refined Copper
Imports 175.4 218.0 251.9 208.7 253.4 212.4 58.7 11.7 11.7 10.6 7.9 4.0 0.0 0.1 0.0 0.0 0.0
Exports 56.0 102.0 93.1 88.6 45.4 51.6 279.9 297.7 290.0 221.6 184.3 124.1 2,605.7 2,909.8 2,983.2 3,179.3 3,160.2 2,735.3
USAGE
Reported 339.2 331.7 372.2 333.9 451.7 367.3 276.6 169.2 167.2 131.8 135.7 135.9 110.7 105.3 103.3 91.3 100.2 91.6
Apparent Usage 1/
339.2 331.7 372.2 333.9 451.7 367.3 276.6 169.2 167.2 131.8 135.7 135.9 110.7 105.3 103.3 91.3 100.2 91.6
COUNTRY STOCKS
Producers 10.6 14.2 27.5 27.1 16.2 16.2 13.8 12.1 8.7 1.7 8.8 1.6 302.4 223.7 194.8 195.7 179.0 174.3
Merchants
Consumers
Total 10.6 14.2 27.5 27.1 16.2 16.2 13.8 12.1 8.7 1.7 8.8 1.6 302.4 223.7 194.8 195.7 179.0 174.3
1/ Not including Exchange stock changes.
BRAZIL
ICSG Copper Bulletin - March 2012 - 46 -
TABLE 17 - COPPER STATISTICS OF SELECT COUNTRIESThousand metric tonnes, copper
FINLAND FRANCE
2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011
Jan-Nov Jan-Nov Jan-Nov
MINE PRODUCTION
Concentrates 872.9 928.0 1,076.1 1,045.0 1,131.0 1,146.4 13.0 13.6 13.3 14.6 14.7 12.7
Mine SX-EW 16.1 18.2 16.6 21.0 25.0 27.1
Mine Total 889.0 946.2 1,092.7 1,066.0 1,156.0 1,173.5 13.0 13.6 13.3 14.6 14.7 12.7
Ores & Concentrates (Cu Ct.)
Imports 1,083.5 1,357.5 1,452.4 1,655.7 1,811.1 1,627.3 163.2 134.4 161.0 105.7 137.4 114.0 0.1 0.0 0.0 0.0 0.0 0.0
Exports 0.0 0.2 0.7 0.2 0.0 0.0 0.0 0.0 1.1 0.0 0.0 0.2 0.0
SMELTER PRODUCTION
Smelter Primary 1,917.5 2,111.5 2,453.4 2,694.0 2,826.0 2,810.1 160.3 139.5 166.0 132.0 145.1 124.0
Smelter Secondary 600.0 750.0 950.0 1,100.0 1,300.0 1,476.0 4.0 3.5 3.0 4.0 4.0 3.7
Low Grade Electrowon
Smelter Total 2,517.5 2,861.5 3,403.4 3,794.0 4,126.0 4,286.1 164.3 143.0 169.0 136.0 149.1 127.7
Blister and Anode
Imports 88.4 172.7 197.5 228.0 399.0 380.1 0.0 0.0 0.0 0.0 0.3 0.3 0.1 0.1 0.1 0.1
Exports 2.8 0.0 6.1 0.0 0.5 0.0 35.0 10.5 27.6 37.1 34.6 18.3 1.6 0.4 0.5 1.0 2.2 1.7
REFINERY PRODUCTION
Refinery Primary 1,988.1 2,345.2 2,581.9 2,751.0 2,897.0 3,042.5 133.8 106.3 128.2 101.4 116.5 111.0
Refinery Secondary 999.1 1,136.0 1,196.0 1,279.0 1,619.0 1,674.5 4.0 3.5 3.0 4.0 4.0 3.7
Refinery SX-EW 16.1 18.2 16.6 21.0 25.0 27.1
Refinery Total 3,003.3 3,499.4 3,794.6 4,051.0 4,541.0 4,744.2 137.8 109.8 131.2 105.4 120.5 114.7
Refined Copper
Imports 826.9 1,553.0 1,504.0 3,184.9 2,922.1 2,428.4 0.1 2.1 2.4 16.3 4.4 4.5 506.7 431.9 433.9 265.2 226.5 213.7
Exports 243.0 125.9 96.1 73.0 38.7 155.9 55.2 33.0 66.9 40.8 57.6 38.6 46.3 95.3 54.9 50.4 33.0 40.5
USAGE
Reported 3,604.2 4,957.1 5,202.1 7,118.7 7,393.9 7,085.3 82.6 78.6 67.0 80.9 67.2 80.5 540.1 440.0 410.0 310.0 235.0 171.2
Apparent Usage 1/ 2/
3,604.2 4,957.1 5,202.1 7,118.7 7,393.9 7,085.3 82.6 78.6 67.0 80.9 67.4 80.5 457.5 336.7 371.1 221.8 203.6 171.2
COUNTRY STOCKS
Producers 73.0 63.0 80.0 80.0 80.0 80.0 1.2 1.5 1.2 1.2 1.2 1.2
Merchants
Consumers 20.2 20.1 28.0 21.0 11.0 13.0
Total 73.0 63.0 80.0 80.0 80.0 80.0 1.2 1.5 1.2 1.2 1.2 1.2 20.2 20.1 28.0 21.0 11.0 13.0
1/ Not including Exchange stock changes.
2/ In the case of China, includes SHME stock change and Hong Kong apparant usage.
CHINA
ICSG Copper Bulletin - March 2012 - 47 -
TABLE 17 - COPPER STATISTICS OF SELECT COUNTRIESThousand metric tonnes, copper
GREECE INDIA
2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011
Jan-Nov Jan-Nov Jan-Nov
MINE PRODUCTION
Concentrates 29.0 32.9 28.0 29.5 33.0 29.1
Mine SX-EW
Mine Total 29.0 32.9 28.0 29.5 33.0 29.1
Ores & Concentrates (Cu Ct.)
Imports 344.6 390.2 326.5 375.7 338.5 318.3 0.0 0.0 0.0 0.0 0.0 812.2 630.7 621.3 631.2 585.5 338.4
Exports 17.3 18.5 14.5 17.7 14.6 15.1 13.4 0.2 8.0 0.2 12.0 2.4
SMELTER PRODUCTION
Smelter Primary 273.8 270.2 295.0 286.3 378.7 315.9 609.6 699.9 651.0 705.1 653.9 610.2
Smelter Secondary 266.3 273.4 293.3 247.5 212.4 217.9 15.0 15.0 11.0 10.0 1.9 1.8
Low Grade Electrowon
Smelter Total 540.0 543.6 588.3 533.8 591.1 533.8 624.6 714.9 662.0 715.1 655.8 612.0
Blister and Anode
Imports 42.1 31.8 24.7 46.8 23.3 48.2 0.0 0.0 0.0 0.0 0.0 0.0 4.7 6.0 13.5 3.0 1.3 5.9
Exports 3.2 0.1 0.2 0.1 0.1 1.4 0.1 0.0 0.0 7.9 0.8 0.3 11.0 0.2 0.1
REFINERY PRODUCTION
Refinery Primary 312.1 301.9 300.5 330.0 401.9 360.3 609.6 699.9 650.6 705.1 654.9 604.7
Refinery Secondary 350.2 363.6 389.3 339.0 302.4 300.3 15.0 15.0 11.0 10.0 2.0 1.8
Refinery SX-EW
Refinery Total 662.3 665.5 689.8 669.0 704.3 660.7 624.6 714.9 661.6 715.1 656.9 606.5
Refined Copper
Imports 902.8 843.7 833.2 658.7 743.9 685.5 106.4 105.7 75.8 63.1 33.7 43.2 12.8 12.5 15.7 15.5 9.2 6.5
Exports 150.3 117.4 125.0 194.0 136.0 164.6 2.5 1.9 0.4 0.8 0.8 4.0 254.7 215.4 169.5 185.4 202.2 244.0
USAGE
Reported 1,414.9 1,391.8 1,398.0 1,133.7 1,312.2 1,181.6 103.9 103.8 75.5 62.3 32.9 39.1 450.0 540.0 570.0 610.0 625.8 607.5
Apparent Usage 1/
1,414.9 1,391.8 1,398.0 1,133.7 1,312.2 1,181.6 103.9 103.7 75.5 62.3 32.9 39.1 382.7 512.0 507.8 545.2 463.9 369.0
COUNTRY STOCKS
Producers 70.0 70.0 70.0 70.0 70.0 70.0 6.0 6.0 6.0 6.0 6.0 6.0
Merchants
Consumers
Total 70.0 70.0 70.0 70.0 70.0 70.0 6.0 6.0 6.0 6.0 6.0 6.0
1/ Not including Exchange stock changes.
GERMANY
ICSG Copper Bulletin - March 2012 - 48 -
TABLE 17 - COPPER STATISTICS OF SELECT COUNTRIESThousand metric tonnes, copper
INDONESIA IRAN ITALY
2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011
Jan-Nov Jan-Nov Jan-Nov
2/ 2/ 2/ 2/
MINE PRODUCTION
Concentrates 816.2 788.9 650.6 994.5 870.9 522.5 207.2 236.5 240.8 255.7 249.3 228.3
Mine SX-EW 1.1 1.4 0.1 9.0 7.7 7.3 6.8 7.4 8.6
Mine Total 816.2 788.9 650.6 995.6 872.3 522.6 216.2 244.2 248.1 262.5 256.6 236.9
Ores & Concentrates (Cu Ct.)
Imports 7.5 0.0 0.0 3.0 0.1 3.4 0.2 0.1 0.1 0.1 0.1 0.2 0.1
Exports 745.8 552.5 520.6 745.7 845.5 449.7 18.0 0.0 0.0 0.0 0.0 0.1 0.1
SMELTER PRODUCTION
Smelter Primary 201.2 277.0 253.3 295.9 276.8 256.2 177.5 180.3 179.8 192.7 188.2 168.7
Smelter Secondary 66.6 70.6 67.7 69.1 90.5 77.7
Low Grade Electrowon
Smelter Total 201.2 277.0 253.3 295.9 276.8 256.2 244.1 250.9 247.5 261.8 278.7 246.4
Blister and Anode
Imports 0.1 0.1 0.8 0.0 0.0 0.0 0.0 0.3 0.8 0.4 0.4 0.5 0.5
Exports 0.0 5.0 0.1 7.8 0.4 0.0 3.9 11.1 6.4 2.8 5.5 7.2
REFINERY PRODUCTION
Refinery Primary 217.6 277.0 254.0 288.1 276.8 260.8 139.5 141.3 140.4 149.8 143.3 135.5
Refinery Secondary 52.4 55.3 53.0 53.7 69.2 62.4 36.4 28.6 24.2 6.5 1.8 1.8
Refinery SX-EW 1.1 1.4 0.1 9.0 7.7 7.3 6.8 7.4 8.6
Refinery Total 217.6 277.0 254.0 289.2 278.2 260.9 200.9 204.3 200.6 210.3 219.8 206.5 36.4 28.6 24.2 6.5 1.8 1.8
Refined Copper
Imports 17.7 8.1 87.7 104.2 75.0 66.1 772.2 743.4 617.4 544.2 627.8 574.4
Exports 110.9 168.8 143.3 196.9 161.4 240.6 91.7 10.6 11.5 7.0 27.8 10.5 9.1
USAGE
Reported 220.0 200.0 195.0 165.0 190.3 183.2 130.0 134.8 135.0 133.3 155.0 147.0 798.5 760.9 635.0 522.8 619.2 567.2
Apparent Usage 1/
124.3 116.3 198.4 196.5 191.8 86.3 109.2 204.3 200.6 210.3 219.8 206.5 798.5 760.9 635.0 522.8 619.2 567.2
COUNTRY STOCKS
Producers
Merchants
Consumers 12.0 11.6 11.2 11.3 11.2 11.2
Total 12.0 11.6 11.2 11.3 11.2 11.2
1/ Not including Exchange stock changes.2/ Trade not available.
ICSG Copper Bulletin - March 2012 - 49 -
TABLE 17 - COPPER STATISTICS OF SELECT COUNTRIESThousand metric tonnes, copper
JAPAN KAZAKHSTAN KOREAN REP.
2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011
Jan-Nov Jan-Nov Jan-Nov
MINE PRODUCTION
Concentrates 0.3 434.1 406.8 421.7 406.1 380.1 320.8
Mine SX-EW
Mine Total 0.3 434.1 406.8 421.7 406.1 380.1 320.8
Ores & Concentrates (Cu Ct.)
Imports 1,390.0 1,515.4 1,482.4 1,243.5 1,306.4 1,214.3 1.3 0.0 0.0 1.0 0.0 437.4 420.9 445.2 479.6 518.6 476.8
Exports 0.0 24.6 65.9 92.5 154.9 153.2 116.2 0.0 0.2 0.3 1.1 1.2 11.0
SMELTER PRODUCTION
Smelter Primary 1,409.1 1,367.3 1,366.3 1,297.9 1,382.7 1,054.9 426.2 408.8 430.0 369.0 370.9 344.2 449.2 470.0 502.0 455.4 475.9 409.2
Smelter Secondary 219.2 245.2 259.1 243.9 260.2 247.4 34.8 45.0 42.0 43.8 65.2 82.3
Low Grade Electrowon
Smelter Total 1,628.3 1,612.5 1,625.4 1,541.8 1,642.9 1,302.3 426.2 408.8 430.0 369.0 370.9 344.2 484.0 515.0 544.0 499.2 541.2 491.5
Blister and Anode
Imports 9.5 20.7 31.8 19.2 15.7 4.4 0.0 0.1 0.0 0.0 0.0 87.2 100.1 58.4 40.1 38.7 56.7
Exports 9.3 9.8 12.5 1.9 0.5 2.2 2.5 0.0 0.0 5.8 5.8 2.3 0.1 0.1 0.1 0.6 0.2 1.8
REFINERY PRODUCTION
Refinery Primary 1,342.3 1,369.8 1,328.2 1,238.0 1,333.8 993.6 427.7 406.1 398.4 346.0 323.4 308.2 541.1 537.0 489.0 448.6 462.2 440.1
Refinery Secondary 189.7 207.0 211.7 201.8 214.9 214.6 34.4 45.0 42.0 90.3 97.0 98.6
Refinery SX-EW
Refinery Total 1,532.1 1,576.8 1,539.8 1,439.8 1,548.7 1,208.2 427.7 406.1 398.4 346.0 323.4 308.2 575.5 582.0 531.0 538.9 559.3 538.7
Refined Copper
Imports 75.2 102.3 90.8 42.3 45.9 122.9 0.8 5.1 0.6 0.1 0.1 0.1 380.3 419.8 406.5 488.1 413.0 324.2
Exports 319.8 428.1 423.5 626.7 528.4 397.9 357.2 348.5 343.5 308.7 273.1 199.5 143.9 139.8 127.5 86.9 113.7 137.1
USAGE
Reported 1,282.3 1,251.9 1,184.7 876.0 1,060.8 935.5 71.4 62.7 56.1 37.4 51.0 51.0 811.8 821.0 780.0 901.0 827.6 725.8
Apparent Usage 1/
1,282.3 1,251.9 1,184.7 876.0 1,059.8 935.5 71.4 62.7 55.5 37.4 50.4 108.8 811.8 866.0 811.0 960.1 858.6 725.8
COUNTRY STOCKS
Producers 76.0 71.0 71.9 75.2 89.9 91.6 45.0 16.0 10.0 20.0 20.0 20.0
Merchants 6.3 9.9 14.5 9.9 9.5 5.9 5.0 10.0
Consumers 20.5 21.0 37.9 18.7 10.8 10.4 10.0 10.0
Total 102.8 101.9 124.4 103.9 110.3 107.9 45.0 41.0 40.0 20.0 20.0 20.0
1/ Not including Exchange stock changes.
ICSG Copper Bulletin - March 2012 - 50 -
TABLE 17 - COPPER STATISTICS OF SELECT COUNTRIESThousand metric tonnes, copper
PERU POLAND
2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011
Jan-Nov Jan-Nov Jan-Nov
MINE PRODUCTION
Concentrates 248.0 230.5 172.4 172.7 184.5 307.8 875.4 1,018.2 1,107.8 1,113.5 1,094.2 983.3 497.2 451.9 429.4 439.0 425.4 388.6
Mine SX-EW 86.0 107.0 74.5 65.7 85.6 94.1 173.8 172.1 160.1 162.8 153.0 127.9
Mine Total 334.0 337.5 246.8 238.4 270.1 401.9 1,049.1 1,190.3 1,267.9 1,276.2 1,247.2 1,111.2 497.2 451.9 429.4 439.0 425.4 388.6
Ores & Concentrates (Cu Ct.)
Imports 27.5 0.0 46.5 4.1 9.9 17.7 0.2 0.6 0.5 0.2 0.6 3.8 33.8 18.4 18.7 23.4 11.4 0.0
Exports 33.5 50.3 59.7 72.5 112.3 118.0 528.3 789.7 872.9 866.9 908.2 830.7 2.7 0.0 0.0 0.0 0.0 0.0
SMELTER PRODUCTION
Smelter Primary 257.6 222.6 190.9 159.6 117.4 146.4 381.3 296.1 360.4 341.5 312.7 270.0 445.1 438.1 438.6 427.8 452.2 410.9
Smelter Secondary 5.0 5.0 5.0 5.0 5.0 4.6 80.0 39.8 43.8 68.8 94.3 80.7
Low Grade Electrowon
Smelter Total 262.6 227.6 195.9 164.6 122.4 151.0 381.3 296.1 360.4 341.5 312.7 270.0 525.1 477.9 482.4 496.6 546.5 491.5
Blister and Anode
Imports 77.7 75.2 66.5 37.5 39.2 37.2 0.0 0.0 0.0 0.0 0.0 0.0 31.6 23.9 31.9 44.7 43.3 22.1
Exports 19.8 24.0 13.7 8.5 4.0 0.0 20.0 23.5 10.0 23.2 20.9 6.8 0.0 0.0 0.0 23.5 28.0 0.0
REFINERY PRODUCTION
Refinery Primary 278.0 245.3 215.5 190.0 156.6 217.6 333.8 241.8 304.4 260.6 240.6 204.1 476.1 493.2 483.0 433.6 452.7 440.8
Refinery Secondary 5.0 5.0 5.0 5.0 5.0 4.6 80.5 39.8 43.8 68.8 94.3 80.8
Refinery SX-EW 86.0 107.0 74.5 65.7 85.6 94.1 173.8 172.1 160.1 162.8 153.0 127.9
Refinery Total 369.0 357.3 295.0 260.7 247.3 316.3 507.6 413.9 464.5 423.4 393.6 332.0 556.6 533.0 526.8 502.5 547.0 521.6
Refined Copper
Imports 46.1 23.1 41.3 56.6 56.8 34.0 2.8 0.3 0.0 0.0 0.0 0.1 12.6 7.0 6.5 12.9 17.2 11.7
Exports 62.0 57.0 33.1 33.3 30.1 95.6 441.7 334.8 390.5 379.0 343.6 284.4 287.7 239.6 296.7 305.7 293.3 300.4
USAGE
Reported 360.0 340.0 325.0 277.3 286.3 273.0 52.9 54.5 54.8 53.0 54.1 50.7 275.0 296.6 246.9 213.6 267.9 232.5
Apparent Usage 1/
353.1 323.4 303.2 284.0 273.9 254.7 68.7 79.4 74.0 44.4 50.1 47.6 275.0 296.6 246.9 213.6 267.9 232.9
COUNTRY STOCKS
Producers 5.0 5.0 5.0 5.0 5.0 5.0 17.1 21.0 10.7 6.8 9.8 9.8
Merchants
Consumers
Total 5.0 5.0 5.0 5.0 5.0 5.0 17.1 21.0 10.7 6.8 9.8 9.8
1/ Not including Exchange stock changes.
MEXICO
ICSG Copper Bulletin - March 2012 - 51 -
TABLE 17 - COPPER STATISTICS OF SELECT COUNTRIESThousand metric tonnes, copper
RUSSIAN FED. SPAIN
2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011
Jan-Nov Jan-Nov Jan-Nov
MINE PRODUCTION
Concentrates 78.6 90.2 89.6 86.9 74.3 72.4 670.2 680.0 695.0 665.7 692.7 642.8 6.6 6.3 7.1 15.4 25.8 23.9
Mine SX-EW 4.8 10.0 10.0 10.0 10.0 9.1 5.6 28.5 37.3
Mine Total 78.6 90.2 89.6 86.9 74.3 72.4 675.0 690.0 705.0 675.7 702.7 651.9 6.6 6.3 7.1 21.0 54.3 61.3
Ores & Concentrates (Cu Ct.)
Imports 0.0 0.0 0.0 0.0 0.0 23.0 18.9 37.5 41.5 21.8 0.0 330.1 300.4 336.6 355.3 368.8 379.1
Exports 98.5 91.9 92.1 90.8 74.4 70.1 0.5 3.2 2.4 5.0 2.0 10.9 1.9 0.3 0.1 33.2 66.4 157.4
SMELTER PRODUCTION
Smelter Primary 641.4 649.3 616.8 620.7 647.1 557.5 263.1 250.7 256.9 262.6 236.0 206.8
Smelter Secondary 312.0 289.0 250.0 218.2 240.0 228.8 0.6 6.7 3.0 6.4 19.0 20.1
Low Grade Electrowon
Smelter Total 953.4 938.3 866.8 838.9 887.1 786.2 263.7 257.4 259.9 269.0 255.0 226.9
Blister and Anode
Imports 0.0 0.1 0.1 0.2 0.0 0.0 0.0 0.0 6.2 3.0 0.0 3.1 1.0 1.7 3.1 0.5 1.4
Exports 0.0 0.0 0.0 0.0 4.2 6.7 0.0 0.0 0.2 44.4 37.2 41.7 38.8 34.0 32.3
REFINERY PRODUCTION
Refinery Primary 634.7 649.3 616.8 626.9 650.1 599.6 235.3 243.0 257.0 250.2 236.0 203.9
Refinery Secondary 311.9 289.0 250.0 218.1 239.5 228.8 64.0 65.0 62.0 73.0 82.9 78.3
Refinery SX-EW 4.8 10.0 10.0 10.0 10.0 9.1 5.6 28.5 37.3
Refinery Total 951.4 948.3 876.8 855.0 899.6 837.5 299.3 308.0 319.0 328.8 347.4 319.5
Refined Copper
Imports 0.1 0.7 1.1 3.7 5.0 4.3 2.2 0.1 9.5 1.5 0.0 0.3 65.8 56.1 79.1 80.9 73.9 59.8
Exports 0.2 0.1 0.1 0.8 0.4 0.1 261.8 277.8 221.5 482.6 450.5 159.0 44.5 50.6 78.6 105.2 79.2 69.7
USAGE
Reported 1.5 1.5 1.5 1.5 1.5 1.4 691.7 670.6 664.8 374.0 449.2 678.9 319.1 330.0 385.0 338.1 353.0 309.7
Apparent Usage 1/
-0.1 0.6 1.0 2.9 4.6 4.2 691.7 670.6 664.7 374.0 449.2 678.9 320.5 313.5 319.6 304.5 342.1 309.7
COUNTRY STOCKS
Producers
Merchants
Consumers
Total
1/ Not including Exchange stock changes.
PORTUGAL
ICSG Copper Bulletin - March 2012 - 52 -
TABLE 17 - COPPER STATISTICS OF SELECT COUNTRIESThousand metric tonnes, copper
UNITED KINGDOM
2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011
Jan-Nov Jan-Nov Jan-Nov
MINE PRODUCTION
Concentrates 86.8 62.8 56.9 54.6 76.5 76.0
Mine SX-EW
Mine Total 86.8 62.8 56.9 54.6 76.5 76.0
Ores & Concentrates (Cu Ct.)
Imports 78.4 124.8 118.1 111.2 90.8 88.3 0.0 0.2 0.1 0.1 0.2 0.8 0.5 0.2 0.2 0.1 0.0
Exports 1.4 0.0 0.0 0.0 0.0 2.4 0.0 0.1 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0
SMELTER PRODUCTION
Smelter Primary 140.8 158.1 150.9 145.9 141.5 151.3
Smelter Secondary 53.0 45.0 52.8 37.6 40.0 38.2
Low Grade Electrowon
Smelter Total 193.8 203.1 203.7 183.4 181.5 189.6
Blister and Anode
Imports 35.5 10.5 23.4 22.1 3.1 4.8 1.8 0.3 1.3 1.7 2.5 1.8 0.2 7.4 6.3 3.0 2.0 1.2
Exports 0.0 0.3 0.0 0.0 0.1 0.1 0.3 0.0 0.1 0.5 3.8 0.7 0.2 0.8 2.7 0.2 0.2 0.2
REFINERY PRODUCTION
Refinery Primary 176.0 168.9 177.8 166.4 150.4 161.9
Refinery Secondary 53.2 45.0 50.1 39.3 40.0 38.0
Refinery SX-EW
Refinery Total 229.3 213.9 227.9 205.7 190.4 199.9
Refined Copper
Imports 41.0 31.5 21.2 23.1 47.2 29.7 646.6 614.8 585.0 498.4 535.7 425.2 184.2 46.8 48.1 45.2 39.0 33.9
Exports 86.7 66.0 71.6 77.8 70.0 89.9 6.6 11.8 2.7 4.8 3.1 3.4 6.7 8.5 4.7 14.0 8.4 15.7
USAGE
Reported 183.6 175.4 179.4 151.1 167.7 139.6 640.0 603.1 582.3 493.6 532.6 421.8 180.0 55.0 54.0 49.0 50.0 46.1
Apparent Usage 1/
183.6 175.4 179.4 151.1 167.7 139.6 640.0 603.1 582.3 493.6 532.6 421.8 177.5 38.3 43.4 31.2 30.7 18.2
COUNTRY STOCKS
Producers 5.0 9.0 7.0 7.0 7.0 7.0
Merchants
Consumers 7.0 7.0 7.0 7.0 7.0 7.0
Total 5.0 9.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0
1/ Not including Exchange stock changes.
SWEDEN TAIWAN (CHINA)
ICSG Copper Bulletin - March 2012 - 53 -
TABLE 17 - COPPER STATISTICS OF SELECT COUNTRIESThousand metric tonnes, copper
SERBIA ZAMBIA
2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011
Jan-Nov Jan-Nov Jan-Nov
MINE PRODUCTION
Concentrates 691.4 690.0 827.0 728.6 701.0 629.1 12.0 16.5 18.8 19.0 19.0 26.7 350.0 341.0 372.0 496.0 539.6 483.6
Mine SX-EW 530.4 504.2 508.0 475.4 428.3 408.7 124.1 168.0 163.0 140.1 146.1 128.9
Mine Total 1,221.8 1,194.2 1,335.0 1,204.0 1,129.3 1,037.8 12.0 16.5 18.8 19.0 19.0 26.7 474.1 509.0 535.0 636.1 685.7 612.5
Ores & Concentrates (Cu Ct.)
Imports 0.1 1.0 1.0 1.0 0.0 4.5 37.7 15.2 16.7 10.1 0.0 0.9 51.3 23.4 85.9 113.1 81.8
Exports 382.0 302.4 301.2 150.8 136.6 225.6 0.5 0.7 1.0 0.5 0.5 0.5 109.3 46.3 72.5 120.5 39.6
SMELTER PRODUCTION
Smelter Primary 501.3 620.6 571.7 597.2 601.2 492.7 40.0 30.2 31.9 27.0 20.0 29.0 289.7 224.0 232.0 334.0 487.0 468.4
Smelter Secondary 1.0 1.0 1.0 1.0 1.0 0.9
Low Grade Electrowon
Smelter Total 501.3 620.6 571.7 597.2 601.2 492.7 41.0 31.2 32.9 28.0 21.0 29.9 289.7 224.0 232.0 334.0 487.0 468.4
Blister and Anode
Imports 172.3 153.4 123.6 68.4 26.4 0.5 0.0 1.3 0.8 0.0 0.1 0.0 0.2 0.1
Exports 18.9 15.7 23.5 26.0 16.9 13.5 0.0 0.0 14.0 22.5 1.9 0.0
REFINERY PRODUCTION
Refinery Primary 675.2 764.4 718.0 639.4 627.0 491.0 40.0 30.6 32.8 27.0 20.0 25.3 240.0 228.7 267.0 294.0 369.6 342.4
Refinery Secondary 44.8 42.2 54.3 46.4 38.1 34.7 1.0 1.0 1.0 1.0 1.0 0.9
Refinery SX-EW 530.4 504.2 508.0 475.4 428.3 408.7 177.6 202.4 175.0 145.4 158.5 132.4
Refinery Total 1,250.3 1,310.8 1,280.3 1,161.2 1,093.4 934.4 41.0 31.6 33.8 28.0 21.0 26.3 417.6 431.1 442.0 439.4 528.1 474.8
Refined Copper
Imports 1,076.4 831.7 723.6 663.6 605.1 621.3 14.1 21.9 23.9 20.9 36.7 25.4 0.1 0.2 0.1 26.3
Exports 123.6 51.7 38.3 85.7 78.3 35.7 13.7 10.3 3.4 3.7 10.2 8.3 475.7 490.9 585.2 675.4 753.2
USAGE
Reported 2,130.3 2,137.0 2,020.0 1,650.0 1,760.0 1,628.0 36.3 37.0 37.0 36.0 36.0 33.2 27.0 28.0 29.0 28.1 29.0 26.7
Apparent Usage 1/
2,172.3 2,096.8 1,999.5 1,728.1 1,639.8 1,524.8 41.4 43.1 54.3 45.2 47.6 43.4 -58.0 -59.7 -143.1 -209.6 -225.1 474.8
COUNTRY STOCKS
Producers 28.1 20.0 15.7 23.7 10.3 8.0 12.0 12.0 12.0 12.0 12.0 12.0
Merchants
Consumers 61.7 63.8 34.2 37.2 31.0 28.5
Total 89.8 83.8 49.9 60.9 41.3 36.5 12.0 12.0 12.0 12.0 12.0 12.0
1/ Not including Exchange stock changes.
UNITED STATES
ICSG Copper Bulletin - March 2012 - 54 -
TABLE 18. COPPER ALLOY FOUNDRY PRODUCTION
Thousand Metric Tonnes Gross
COUNTRY 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Argentina 2.9 3.4 3.9
Austria 3.4 3.2 3.3 3.4 3.3 5.5 2.7 2.2 2.3
Belarus 1.6 2.0 1.8 3.0 2.6
Belgium 0.6 0.5 0.5 0.5 0.5 0.5 1.0
Brazil 15.3 14.1 13.7 15.8 19.5 19.0 20.3 19.8 19.9 12.1 16.5
Canada 18.6 18.6 18.6 18.6 17.7 17.7 12.1
China 119.9 125.0 137.2 157.0 327.6 416.1 470.2 571.3 600.0 600.0 700.0
Colombia 10.0 15.0
Croatia 0.6 0.7 0.6 0.7 0.7 1.1 0.8 0.7 0.5 0.5 0.5
Czech Rep. 2.0 1.5 1.8 1.5 1.1 1.7 1.8 1.8 2.7 0.9 4.5
Denmark 1.3 1.1 1.3 1.6 1.3 1.1 0.8 0.8 1.4 1.4 1.4
Finland 3.8 3.8 3.9 3.8 4.0 4.0 4.3 3.5 4.6 3.1 3.9
France 25.3 25.9 29.4 28.3 27.2 26.3 25.5 25.4 24.7 18.8 19.4
Germany 91.2 88.5 90.0 91.3 88.5 84.4 98.1 96.6 94.6 76.7 77.2
Greece 0.2 0.2 0.2 0.4 0.3 0.3
Hungary 3.1 2.7 2.3 1.9 2.1 2.1 4.3 1.8 1.9 1.4 1.3
Iran 25.0 27.0
Ireland 0.4 0.3 0.3 0.2 0.2 0.2
Italy 123.7 114.5 110.0 106.1 97.8 83.0 92.0 86.7 81.0 59.9 69.0
Japan 87.1 86.6 86.7 100.6 105.5 97.8 105.9 106.9 98.8 75.3 79.3
Korean Rep. 19.6 20.8 21.6 22.2 22.9 23.2 23.6 23.9 24.1 24.5 25.1
Lithuania 0.0 0.0 0.0 0.0 0.0
Mexico 135.0 80.0 175.0 175.0 180.0 180.0 202.4 126.5 140.7
Mongolia 0.1
Netherlands 2.4 2.8 2.7 2.5 2.4 1.9
Norway 3.4 3.4 3.5 2.6 2.7 4.7 5.3 5.0 4.5 2.2 1.8
Pakistan 20.0
Poland 20.5 17.2 16.8 6.3 7.4 6.3 7.3 7.0 8.2 7.9
Portugal 4.7 6.0 6.6 6.0 7.8 8.7 10.8 11.1 11.4 10.8 12.7
Romania 9.7 10.0 10.0 10.0 3.2 4.4 3.4 3.8 3.5 1.8 5.5
Russian Fed. 160.0 160.0 200.0 200.0 90.0 90.0
Serbia 1.0 1.1
Slovakia 2.2 2.2 2.2 2.2
Slovenia 3.4 3.4 3.5 3.0 6.7 7.8 3.0 1.0
South Africa 5.0 14.5 14.9 14.9 3.0 3.0 3.0 17.2 16.7
Spain 16.1 13.1 13.0 6.3 7.9 7.9 9.1 9.3 9.5 6.8 7.8
Sweden 10.1 10.6 10.0 10.9 12.0 11.2 11.9 12.5 12.5 8.4 9.6
Switzerland 2.9 2.5 2.3 2.4 3.0 2.7 3.1 3.1 2.3 1.8 2.2
Taiwan 50.0 50.0 49.0 46.4 41.8 42.0 40.9 41.2 35.6 33.2 36.4
Thailand 28.6 28.6 28.6 28.6 28.6 28.6
Turkey 1.3 2.8 2.1 2.8 8.5 16.0 17.5 19.0 16.0 12.5 12.0
Ukraine 10.0 21.0 11.0 11.0 11.0 11.0 11.0 11.0 11.0
United Kingdom 25.0 25.5 20.5 15.0 15.7 15.0 13.0 13.0 12.0 8.0 9.5
United States 278.5 255.8 252.2 252.2 285.8 292.1 288.5 283.0 274.9 178.7 264.9
Others
World 1,077.0 1,020.6 1,085.8 1,135.9 1,331.7 1,601.1 1,485.4 1,628.5 1,824.3 1,425.0 1,681.0
Source: Country survey, Committee of Associations of European Foundries (CAEF), Duesseldorf
TABLE 19. COPPER ALLOY INGOT PRODUCTION 1/
Thousand Metric Tonnes Gross
COUNTRY 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Austria 3/ 3.3 2.5 1.8 2.0 2.2 2.5 2.6 2.0 2.0
France 13.3 13.0 12.5 12.3 13.0 11.4 12.5 11.0 9.9 9.9 9.9
Germany 62.6 63.4 56.1 43.7 44.1 53.6 57.2 53.6 41.7 30.7 35.1
Italy 116.1 112.0 103.3 96.5 95.0 89.0 91.8 83.4 76.9 52.7 60.6
Japan 86.4 87.9 86.6 90.0 86.2 85.4 89.7 90.5 94.2 81.4 81.9
Kazakhstan 1.0 0.8 1.1 1.6
Mexico 56.9 50.9 52.0 52.8
Netherlands 3/ 2.6 2.4 2.3 2.4 2.4 2.6 2.7 2.1 2.4
Poland 21.5 13.6 14.4 13.4 12.1 11.2 11.3 10.5 7.5 6.5
Portugal 1.5 3.1 4.5 5.3 6.0 6.7 6.8 7.0 7.4 0.0 0.0
Romania 2.9 3.7 2.7 2.2 0.0 0.0
Scandinavia 11.7 10.8 10.2 9.3 9.0 8.7 8.7 6.4 6.3
Spain 14.0 13.8 13.3 15.5 16.8 15.6 16.7 14.1 15.2 14.3 17.2
Switzerland 1.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Turkey 11.4 18.5 17.5 16.6 17.1 22.6 26.2
United Kingdom 2/ 34.0 37.5 34.5 32.5 31.5 27.0 22.8 22.1 23.7 20.1 20.2
United States 161.1 145.9 123.1 113.2 122.1 122.3 120.4 118.3 119.1 96.3 94.3
World 587.7 543.8 517.9 495.3 455.8 457.6 460.6 438.4 426.3 335.4 351.9
Source: Country survey, Organisation of European Copper Alloy Ingot Makers (OECAM), Duesseldorf
Notes: 1/ Master alloys not included 2/ 2009 and 2010 includes UK, The Netherlands and Austria
3/ 2009/2010 data aggregated with the UK,
ICSG Copper Bulletin - March 2012 - 55 -
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LIST OF ICSG PUBLICATIONS
COPPER BULLETIN (monthly). The ICSG Copper Bulletin includes annual and monthly statistics on copper and copper products, their production, usage and trade by country, as well as stocks and exchange prices, providing a global view of supply and demand. Subscribers to the Copper Bulletin receive the Yearbook as part of their annual subscription.
ICSG 2011 STATISTICAL YEARBOOK (September 2011). The ICSG Copper Bulletin yearbook includes annual statistics on copper and copper products, their production, usage and trade by country, as well as stocks and exchange prices, providing a global view of supply and demand for the past 10 years. The Yearbook serves as a useful tool for consultations and analysis on the longer term evolution of world copper production, usage, stocks and prices. Subscribers to the Copper Bulletin receive the Yearbook as part of their annual subscription.
DIRECTORY OF COPPER MINES AND PLANTS (February 2012 edition). The Directory of Copper Mines and Plants highlights current capacity and provides a five year outlook of forecasted capacity for over 1,000 existing and planned copper mines, plants and refineries on a country by country basis, including separate tables for SX-EW plants. Salient details for each operation are included and the Directory separates operations between Operating & Developing and Exploration & Feasibility stages. The Directory is published twice a year.
ICSG GLOBAL COPPER SCRAP RESEARCH PROJECT FINAL REPORT (August 2010). Copper scrap generation, trade and use are playing a key role to balance the growth observed in recent years in the global copper market. If the demand for copper continues the dynamic growth related to electrification, infrastructure development and urbanization observed mainly in developing countries, and led by China in the last two decades, then the domestic supply, demand and international flows of copper scrap are expected to remain important issues for all copper related business in the medium and long term. This report presents a comprehensive picture of the global copper scrap market and its determinants, synthesizing the findings of ICSG research project on the copper and copper alloy scrap market.
DIRECTORY OF COPPER & COPPER ALLOY FABRICATORS (FIRST USE) 2011 EDITION. This directory provides a systematic global overview of companies and plants involved in the first use of copper. First users are mainly semis fabricators that process refinery shapes into semi-finished copper and copper alloy products. The Directory covers wire rod plants, ingot makers (for castings), master alloy plants, brass mills, and electrodeposited copper foil mills. Published July 2011.
COPPER SCRAP MARKET IN JAPAN (2009), CHINA’s SCRAP USAGE SURVEY (2009), DOMESTIC COPPER SCRAP GENERATION IN CHINA, 2010-2015 (2009), CHINESE COPPER SCRAP MARKET (2009) AND THE COPPER SCRAP MARKET IN INDIA (2009), Acknowledging the importance of the copper scrap market, ICSG commissioned reports about scrap that provide useful information on three critical copper markets: Japan, India and China. The Japanese Report by MERI/J, provides a comprehensive overview of the Japanese refined copper and copper scrap markets and also covers Japanese copper scrap trade, material flows, how scrap is categorized and relevant regulations. The Chinese Reports, prepared by BGRIMM, respectively give better insight into scrap usage in China at the smelters/refineries and fabricators and forecast domestic scrap generation in China. The Chinese Copper Scrap market Study was prepared by Beijing Antaike Information Development Co., Ltd, and the Indian Study by the India Copper Development Centre.
ICSG STATISTICAL DATABASE. The ICSG maintains one of the world's most complete historical and current databases with statistics on copper production capacities, data on copper production, consumption, stocks, prices, recycling and trade for copper products. Historical data series and other data are available on custom request. In 2012 ICSG launched its ONLINE STATISTICAL DATABASE that will give subscribers the opportunity to have direct access to detailed ICSG historical data. It will also offer subscribers specific data extraction tools that will enable users to download the data they require with the layout best suited for their analysis. The new online database presents country statistics since 1995, on a monthly/annual basis for mine, smelter, refined and semis production statistics, trade statistics for the main copper products and copper prices and stocks.
WORLD COPPER FACTBOOK (September 2010) ICSG's World Copper Factbook provides a broad overview of all facets of copper: from how it is produced, traded, used and recycled, to health, environmental, and sustainable development issues. Filled with facts, figures and explanations, the Factbook is a useful reference guide for all. Available on ICSG website or hard copy.
SURVEY ON NON FERROUS METAL SCRAP & REFINED INPUTS & PRODUCTION IN CHINESE COPPER &COPPER ALLOY SEMIS MANUFACTURING PLANTS (2012) A joint report of the ICSG, ILZSG and INSG, providing information on Chinese fabricators and their use of refined copper, nickel, zinc, lead and non ferrous scrap The survey sample covers 95 Chinese copper and copper alloy manufacturers, including both brass mills and wire rod plants. The 45-page report analyzes information on inputs and outputs by the plants up to 2012 and forecasts for 2012 to 2015.
COPPER SCRAP RECOVERY IN NAFTA: Industry Structure and Yard Practices (2012) This report analyses the organization of the copper recycling industry in the United States, Canada and Mexico.
COPPER SCRAP SURVEY IN CHINA (2012): This report describes the findings of a survey of key copper recyclers in China and includes copper scrap stocks and flows VISIT ICSG’S WEBSITE (WWW.ICSG.ORG) FOR MORE PUBLICATIONS. See reverse for order form.