Market Survey on Copper - Indian Bureau of Mines

PREFACE
The present report on <strong>Market</strong> <strong>Survey</strong> on Copper is the 33 rd publication
in the series of <strong>Market</strong> <strong>Survey</strong> Reports brought out by the Mineral Economics
Division of the Bureau. Copper, one of the base metals has gained significant
importance in the recent years both globally and in the domestic context.
Country’s demand of copper metal is met largely through imported
concentrates. The last five years witnessed wide fluctuations in the prices of
copper metal. Copper being a versatile metal finds uses in many sectors right
from households, infrastructure to telecommunication. Hence, from the raw
material security point of view it was considered necessary to take up a <strong>Market</strong>
<strong>Survey</strong> on Copper to analyse its domestic availability / demand, import
dependence, the global scenario and the future outlook.
In this survey, domestic demand has been forecast. The supply position
analysing the resources and production in the country has been dealt with in
detail. The scrap processing industry to augment the supply position for
meeting both the domestic demand and export market is also discussed. An
attempt has also been made to analyse the foreign markets.
The co-operation extended by various Central and State Government
Departments, producers, processors and consumers of copper and the agencies
concerned with trade, National laboratories and different manufacturers’
associations who responded to our questionnaires is thankfully acknowledged.
We are also thankful to Central Pollution Control Board, State Pollution
Control Boards, Bombay Non Ferrous Metal Association Ltd., and India Lead-
Zinc Development Association (ILZDA), New Delhi for their co-operation.
Our thanks are also due to the Indian Embassies and Foreign Embassies in
India who responded to our request for information.
It is hoped that this <strong>Market</strong> <strong>Survey</strong> Report on Copper will be helpful to
the producers, exporters, processors, consumers and planners in the
development of copper based industries and also to formulate export strategies.
NAGPUR (C. S. GUNDEWAR)
Dated: 30 /05/2011 Controller General
Indian Bureau of Mines