Consumption trends – Sluggish developed markets see a pickup at the end of 2016

摘要

CRU estimates that global copper wirerod productionexpanded by 1.6% y-o-y in the last quarter of 2016, above the1.2% rate for the year as a whole. A recovery in developedregions, namely North East Asia, Europe and North Americawas behind the better growth. Output growth in the largeChinese market moderated slightly in the final quarter of 2016,due to slowing investment in the power grid and real estatesector.