Caraiba sees market growth slowing to 6 percent in Brazil this year

摘要

Growth in Brazil's domestic copper market should fall to around 6 percent this year, down from the 10 percent growth averaged over the past few years. But demand may resume pre-2001 levels again from 2002, according to Juvenil Britto Jr, sales director of the country's sole electrolytic smelter Caraiba Metais.This year's lower growth reflects the current slowdown in the country's economy overall, due to factors including the current electricity rationing programme, which may be viewed as a temporary problem, he indicated.