Secondary Copper Output Appears Stable for 2024
February 06, 2025
The production of recycled-content copper is poised to rise slightly in 2024 compared with last year, according to statistics gathered by the Lisbon-based International Copper Study Group (ICSG).
From January to November 2024, more than 4.23 million metric tons (mmt) of secondary copper were made globally, according to the ICSG. Considering that in each of the previous four months at least 378,000 metric tons of secondary copper had been made globally, the 2024 year-end figure will almost certainly surpass 4.5 mmt and could hit 4.6 mmt.
In all of 2023, the ICSG says about 4.55 mmt of secondary copper were made globally. Thus, 2024 secondary output likely will rise by 1.5 to 1.75 percent.
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