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China's copper imports hit record 508,942 tons in Dec

Jan. 13, 2012 (China Knowledge) - China, the world's largest copper consumer, imported 508,942 metric tons of unwrought copper and copper products in December last year, reflecting the highest level ever recorded, according to latest statistics released by the General Administration of Customs.

The import last month reflected a year-on-year increase of 48% and a month-on-month increase of 13%.

In whole 2011, the country's imports of unwrought copper and copper products amounted to 4.07 million metric tons, down 5.1% from the previous year.

The customs also said that China, whose copper consumption accounted for about 40% of the world's total, imported 450,000 metric tons of waste copper last month, up from 430,000 metric tons in November. China's waste copper imports totaled 4.69 million metric tons in 2011, up 7.4% from the previous year.

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