Turkey's demand for Kazakh cathode copper has doubled

In January of this year, the volume of copper cathode exports increased by 42.9% - from 29.2 thousand to 41.7 thousand tons. This is reported by the Directorate of development of MMC and chemistry of QazIndustry.

The growth was achieved due to a doubling of demand in Turkey (from 6.6 thousand to 13 thousand tons) and China - by 63.7% (from 16.3 thousand to 26.7 thousand tons).

The TOP consumer countries of domestic copper include China (63%), Turkey (31%) and Latvia (4%).

The leading producers of cathode copper in Kazakhstan are Kazakhmys Smelting (Zhezkazgan), Kazzinc (Ust-Kamenogorsk), Konrad Copper Company (Balkhash).

Cathode copper is used in electrical engineering for the production of electrical cables and wires.

Export volume of cathode copper, tons

Export volume

January 2023

January  2024

dynamics

Total

29 186

41 705

+42,9%

                   including

 

 

 

China

16 331

26 737

+63,7%

Turkey

6 645

13 043

+2 times

Latvia

100,1

1 903

+19 once

    Source: BNS ASPiR RK and KGD MF RK.