Tag: copper market surplus

Global refined copper output to rise 3% in 2025, 1.5% in 2026: ICSG forecast

May 8, 2025

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by

Manya Dewangan

in Copper, Non Ferrous

Copper mine output projected to grow 2.3% Scrap-based production to increase by 6.4% The International Copper Study Group (ICSG) projects global copper mine production to grow 2.3% in 2025 and 2.5% in 2026. Refined copper output is expected to rise by 2.9% in 2025 and 1.5% in 2026, with a market surplus likely as demand…