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ECI Annual Report 2007
Led by the developing economies in Asia, global demand for copper products remained buoyant in 2007. According to the International Copper Study Group¹ refined usage increased by 4% to a record 18.3 million tonnes. While Europe’s demand was down by 2.5%, China’s economic expansion resulted in it using 27% of the world’s copper in 2007, up from 18% in just five years.