International Copper Demand Patterns -- The Case Of Plumbing Tube

An analysis of the demand for copper shows a widely varying pattern of end use. For example, copper tube is the most popular material for hot water supply in the US and northern Europe, but galvanized steel is used in Japan and plastics are used in developing countries. In addition to such peculiarities of end use, the demand for copper varies among countries depending on the stage of industrialization and the extent that the copper processing industries are developed. Brazil, with its abundant supplies of bauxite and hydroelectric power, uses aluminun in place of copper wherever possible. South Korea, with its export oriented economy and its advanced custom smelting and fabricating industries, favors copper. Understanding the details of demand in different countries enhances statistical derived forecasts and illustrates potential new markets.