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Minmetals predicts ‘disappointing’ copper demand in 2009

November 03, 2008 - 00:00 GMT

China’s apparent copper consumption will grow 5% or less in 2009 and demand will be “disappointing”, said Gu Liangming, deputy general manager of the copper department at Minmetals Non-ferrous Metals Co Ltd.

China’s apparent copper consumption will grow 5% or less in 2009 and demand will be “disappointing”, said Gu Liangming, deputy general manager of the copper department at Minmetals Non-ferrous Metals Co Ltd. Even a 5% rise will require a substantial effort by the government to support domestic economic growth, Gu told delegates at MB’s 5th Chinese...

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