ICSG: Global refined copper market oversupplied by 2,000 tons in March

On May 24th, according to the latest monthly report from the International Copper Study Group (ICSG), the global refined copper market was oversupplied by 2,000 tons in March, compared to an oversupply of 196,000 tons in the previous month. The ICSG reported that global refined copper production was 2.31 million tons and consumption was 2.308 million tons.