Copper demand in the Middle East is lagging in comparison to the rest of world, panelists at Fastmarkets' International Copper Conference in Amsterdam said on Tuesday March 12.
While global demand for copper is healthy, copper demand in the Middle East remains the laggard, Nexans' head of procurement Christophe Allain and Dubai Cable purchasing manager Laila Marafi agreed when speaking to delegates.The Middle East North Africa (Mena) region's copper demand is reportedly around 750,000 tonnes per year of copper cathode, while domestic merchants of other products such as copper cable could take their business elsewhere...