Metal Bulletin Events’ 2014 International Copper Conference in Milan, with its high-quality speakers and in-depth programme, provided the first opportunity on the 2014 metals industry calendar for an insight into where the market is headed this year and next, as well as further down the line. The event kicked off with an excellent pre-conference visit to KME's Serravalle plant, giving participants first-hand experience of brass mill activities. Back in the conference room, as copper prices in London and Shanghai continued to tumble on non-copper related events, speakers from the downstream segment offered some optimism for continued growth in demand medium to long term - notably in China and other emerging markets, but also in new applications in established marketplaces. 2014 and indeed 2015 may fall victim to increased mine supply and reduced imports into China as financing deals become fewer, but the consensus for later in the decade is that mine supply will once again struggle to keep up with growing global demand.
Key programme topics included:
· Copper in oversupply – what impact on prices, premiums and investment decisions?
· Will mine production growth maintain the momentum as low prices, high costs and the financing squeeze take their toll?
· How much more can mines in Africa and Latin America put into the pipeline?
· The latest on China from mine to market – and implications for global supply and demand
· Material balances along the supply chain – is something of a bottleneck emerging midstream?
· Strategies for success in smelting, refining and wire rod production
· Dissecting demand levels in key regions and examining what is happening in brass, automotive, aquaculture, renewable energy etc
This conference was attended by some 150 delegates from around the globe and along the industry chain, including:
· Miners, smelters and refiners
· Semi-fabricators and recyclers
· Brokers, traders and financiers
· Equipment suppliers, logistics and engeering companies
· Wire and cable makers, applicance manufacturers, and other consumers of copper
Make sure you join us in March 2015 for the 28th International Copper Conference - to get the same information and networking opportunities as your peers in the copper business!