Monday, 30 May 2011
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World copper demand growth tipped to slow
SHANGHAI - Global demand growth for copper is expected to slow to 8.4 per cent in 2011/12, slowing substantially from the average growth of 16.4 per cent between 2005-2010, the International Wrought Copper Council (IWCC) said. China's demand for the red metal, used extensively in the electrical manufacturing, construction and power sectors, is expected to grow by seven per cent this year, down
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