Brazils copper wire and cable production is
expected to rise 2.5 to 2.6 percent by the end of 2013, while
output of semifinished products will remain flat, according to
Brazilian copper products association Sindicel.
The South American
country produced 247,000 tonnes of wire and cable in 2012,
while output for semifinished products stood at 143,000
"This was considered a
good year for conductors (with) civil construction, energy and
the automobile industry reporting increases," Sindicel
executive director Valdemir Romero said. "Copper bars and tubes
were the ones which did not perform so well in the year."
The main challenge for
local producers is the increasing number of imports, especially
ore output rose 12.5 percent year on year to 450,000 tonnes in
2012, according to estimates released in April by Brazilian
mining institute Ibram.
Investment in the red
metal is expected to reach $2.04 billion in the 2012-16
The main local
producers are Vale SA, responsible for 46 percent of total
output, followed by Toronto-based Mineração Maracá Industria e
Comércio SA (39 percent) and Mineração
Caraíba SA (14 percent).
A version of this
article was first published in AMM sister publication Metal