Statistics on copper supply and consumption in the USA trace the flow of copper from mine production and scrap collection through end-use consumption in five major markets. Consolidates data from many sources for 1987 through 2007.
asr: click on PDF to get actual report
Stats: form this site
Building construction accounts for more than 46% of all copper use ( seems applies to USA only?). Residential construction is about two-thirds of the building construction market.
The average single-family home is about 2,100 sq .ft.; a multifamily unit averages about 1,000 sq.ft.
An average single-family home uses 440 pounds of copper.
Copper is an indicator for the world economy and sets the pace for other industrial metals because
- an average 400 pounds (181 kilograms) are used in homes and
- 50 pounds in cars, according to the Copper Development Association.
Prices collapsed after rising as high as $8,940 a metric ton on the London Metal Exchange July 2 2008. to $3400 on Nov. 15 2008. due to mainly
-China drop to metals appetite due to their slowing china's ecomony
- coupled with US/Europe/Japan economic slump ( no new homes, fewer new cars ..)
Subscribe to:
Post Comments (Atom)
1 comment:
This is nice informative blog in which you discuss about scrap collection through end-use consumption for scrap copper which really a helpful blog. Thanks for sharing and keep sharing.
Scrapyards in New York City | Recycling Scrap Metals
Post a Comment