No contract cancellations, deferrals, says Codelco exec

Oct 17, 2012 | 10:14 AM | Andrea Hotter

Tags  Codelco, copper, Thomas Keller, Andrea Hotter

LONDON — Copper demand in certain segments is subdued, but Chilean producer Corporación Nacional del Cobre de Chile (Codelco) has had no contract cancellations or deferrals.

Despite the sometimes-gloomy economic backdrop, the copper market so far has "surpassed expectations," chief executive officer Thomas Keller told AMM. "As far as our customers are concerned, we haven’t seen a decline in orders" or any cancellations or deferrals.....

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