Japan Jan copper cable shipments down 21.2 pct yr/yr

Newswire

TOKYO, Feb 24 (Reuters) - Japanese copper wire and cable shipments amounted to an estimated 53,100 tonnes in January, down 21.2 percent from a year earlier, an industry body said on Tuesday. That compares with December shipments of 57,685 tonnes, in data provided by the Japanese Electric Wire and Cable Makers' Association. Production cuts by automakers have been a major blow to demand for copper, used extensively in wiring and construction and often seen as a measure of economic ...

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