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ECI Annual Report 2010

2010 was a year of recovery in the copper business. Based on the most recent data from the International Copper Study Group1, European refined copper usage reached 4.18 million tonnes, up 8.7% from the depressed demand in 2009. With a close correlation between economic growth and copper usage, world demand reached 19.3 million tonnes, up 6.8% on 2009.