Current market size for copper wires and cables is as following Estimated orbicular Market Size (Hundred Thousand tones) Building cable1400 Telecom Wire800 Automotive Wire 700 Transformer winding wire 2,000 military man Copper Usage (1900-2006) LME Copper Prices Source: International Copper national Group: World Copper Fact Book 2007 World Economic outlook According to the survey published by the economist London, May-2008 (week 2), the economic harvesting for the world will be amid 2.9-3.1 percents, which is pass judgment to decrease to 2.5-2.8 percent in 2009. Demand for copper The guide for refined copper in 2007 was approximately 22.7 Million MT, which is expected to grow but not as fast as previous years. The 2008 growth in gather up will be around 1.4% making approximate demand of 23.2 MMT. In 2009 the demand of refined copper is expected to rise to 23.6 MMT. A 670 KMT growth in demand of refine copper is expected for UAE oer the period of 2008-2010, making it one of the biggest consumers of copper. Source: CRU Conference foremost October 2007, Lisbon. Data : CRU Analysis... If you want to get a full essay, separate it on our website: Orderessay
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