Freedonia Focus Reports

US Collection

Copper: United States

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February 2013

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Highlights

Industry Overview
Market Size and Trends | Refined Copper Markets | Copper Mill Product Markets
Environmental and Regulatory Considerations | Refined Copper Pricing Trends
Refined Copper Trade | Global Overview

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Demand Forecasts
Market Environment | Refined Copper Forecasts | Copper Mill Product Forecasts

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Resources

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Industry Structure
Industry Composition | Industry Leaders | Additional Companies Cited
www.freedoniafocus.com

Copper: United States

ABOUT THIS REPORT

Scope and Method

This report forecasts US demand for and production of refined copper and copper mill
products in metric tons. Total refined copper demand is segmented in terms of market
by:

wire rod mills

brass mills
foundries and other markets such as ingot makers, chemical plants,
and iron and steel plants.

Total copper mill product demand is provided in terms of market by:

building construction
electrical and electronic products
transportation equipment
industrial equipment
consumer goods and other markets such as military ordnance,
coinage, closures, and fasteners.

The terms demand and consumption are used interchangeably in this report.
Total demand, production, and the various segments are sized at five-year intervals for
historical years 2006 and 2011 with a forecast to 2016. Forecasts emanate from the
identification and analysis of pertinent statistical relationships and other historical
trends/events as well as their expected progression/impact over the forecast period.
Changes in quantities between reported years of a given total or segment are typically
provided in terms of five-year compound annual growth rates (CAGRs). For the sake of
brevity, forecasts are generally stated in smoothed CAGR-based descriptions to the
forecast year, such as demand is projected to rise 3.2% annually through 2016. The
result of any particular year over that period, however, may exhibit volatility and depart
from a smoothed, long-term trend, as historical data typically illustrate.
Key macroeconomic indicators are also provided at five-year intervals with CAGRs for
the years corresponding to other reported figures. Other various topics, including
profiles of pertinent leading suppliers, are covered in this report. A full outline of report
items by page is available in the Table of Contents.

Sources
Copper: United States represents the synthesis and analysis of data from various
primary, secondary, macroeconomic, and demographic sources including:

2013 by The Freedonia Group, Inc.

Copper: United States

firms participating in the industry

government/public agencies
national, regional, and international non-governmental organizations
trade associations and their publications
the business and trade press
The Freedonia Group Consensus Forecasts dated August 2012
the findings of other industry studies by The Freedonia Group.

Specific sources and additional resources are listed in the Resources section of this
publication for reference and to facilitate further research.

Industry Codes
The topic of this report is related to the following industry codes:
NAICS/SCIAN 2007
North American Industry Classification System

SIC
Standard Industry Codes

212234
331411

1021
3331
3341

331423
331525
423520

Copper Ore and Nickel Ore Mining

Primary Smelting and Refining of
Copper
Secondary Smelting, Refining, and
Alloying of Copper
Copper Foundries (except Die-Casting)
Coal and Other Mineral and Ore
Merchant Wholesalers

3366
5052

Copper Ores
Primary Smelting and Refining of Copper
Secondary Smelting and Refining of
Nonferrous Metals (copper)
Copper Foundries
Coal and Other Minerals and Ores
(merchant wholesalers)

Copyright and Licensing

The full report is protected by copyright laws of the United States of America and
international treaties. The entire contents of the publication are copyrighted by The
Freedonia Group, Inc.

2013 by The Freedonia Group, Inc.

Copper: United States

Table of Contents
Section

Page

Highlights .............................................................................................................................................................. 1
Industry Overview ................................................................................................................................................. 2
Market Size & Trends ...................................................................................................................................... 2
Chart 1 | United States: Copper Demand Trends, 2001-2011 ................................................................... 2
Refined Copper Markets .................................................................................................................................. 3
Chart 2 | United States: Refined Copper Demand by Market, 2011 .......................................................... 3
Wire Rod Mills. ........................................................................................................................................... 3
Brass Mills. ................................................................................................................................................. 4
Foundries & Other Markets. ....................................................................................................................... 4
Copper Mill Product Markets ........................................................................................................................... 6
Chart 3 | United States: Copper Mill Product Demand by Market, 2011 .................................................... 6
Building Construction. ................................................................................................................................ 6
Electrical & Electronic Products. ................................................................................................................ 7
Transportation Equipment. ......................................................................................................................... 8
Industrial Equipment................................................................................................................................... 9
Consumer Goods & Other. ......................................................................................................................... 9
Environmental & Regulatory Considerations ................................................................................................. 10
Refined Copper Pricing Trends ..................................................................................................................... 11
Chart 4 | United States: Refined Copper Pricing Trends, 2001-2011 ...................................................... 11
Refined Copper Trade ................................................................................................................................... 12
Chart 5 | United States: Refined Copper Trade (thousand metric tons) ................................................... 12
Global Overview ............................................................................................................................................ 13
Chart 6 | World Copper Mine Production, 2011 ....................................................................................... 13
Demand Forecasts .............................................................................................................................................. 14
Market Environment ....................................................................................................................................... 14
Table 1 | United States: Key Indicators for Copper Demand (billion 2005 dollars) .................................. 14
Refined Copper Forecasts ............................................................................................................................. 15
Table 2 | United States: Refined Copper Demand by Market (thousand metric tons) ............................ 15
Wire Rod Mills. ......................................................................................................................................... 15
Brass Mills. ............................................................................................................................................... 15
Foundries & Other Markets. ..................................................................................................................... 16
Copper Mill Product Forecasts ...................................................................................................................... 17
Table 3 | United States: Copper Mill Product Demand by Market (thousand metric tons) ....................... 17
Building Construction. .............................................................................................................................. 17
Electrical & Electronic Products. .............................................................................................................. 17
Transportation Equipment. ....................................................................................................................... 18
Industrial Equipment................................................................................................................................. 18
Consumer Goods & Other. ....................................................................................................................... 18
Industry Structure ................................................................................................................................................ 20
Industry Composition ..................................................................................................................................... 20
Industry Leaders ............................................................................................................................................ 21
Freeport-McMoRan Copper & Gold Incorporated .................................................................................... 21
Rio Tinto Group ........................................................................................................................................ 22
Grupo Mxico SAB de CV ........................................................................................................................ 23
Additional Companies Cited .......................................................................................................................... 24
Resources ........................................................................................................................................................... 25
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2013 by The Freedonia Group, Inc.