Copper Market

Global copper demand has developed quickly, more than doubling in the last 35 years.

In 1980 the market volume was about 9 million t. Today, the quantity of refined copper produced and processed is roughly 22 million t.
Asia has become the main region of growth -- China alone accounts for around 45 % of total world demand, with an annual copper demand of nearly 10 million t. This demand continues to grow and is expected to reach 11.5 million t by the end of the decade.

About 3.6 million t of copper are required in Europe annually, making it another center of global copper demand. Since only around 3 million t of copper are produced here, there is a supply gap that has to be closed with imports.

Europe is thus even more reliant on its copper production industry, which has an excellent international reputation in many aspects. Aurubis is an established company with a leading position, especially when it comes to environmental protection, energy efficiency and energy management.

The copper price
The copper price is determined by the supply and demand dynamics on the metal exchanges, particularly the London Metal Exchange (LME). After the global financial crisis in 2008 and temporary highs of up to US$ 10,000/t in 2011, the copper price slowly moved downward. It remained stable at an average of around US$ 7,000/t in 2014. At the beginning of this year, the price decreased to below US$ 6,000/t.  

The uses of copper
The uses of copper reflect its variety of material properties: because of its excellent electrical and thermal conductivity, it is ideally suited for use in electrical engineering, electronics and telecommunications. Its electrical conductivity is 1.5 times as high as that of aluminum, which makes copper the preferred input material for electrical mains. Despite its very good formability, copper is extremely strong with high corrosion resistance.

The increasing interconnectedness in our offices and households, growing demands on information and communication technology, a sustainable and environmentally sound energy supply and high safety and comfort standards, for example in automotive engineering, ensure a constant rise in copper demand. Every mid-range car contains about 25 kg of copper – luxury class models can have more than twice this amount. Modern life wouldn’t be possible without copper.

Copper also has an established role in architecture and construction: apart from electrical wiring made of copper, copper pipes are also used in buildings’ air conditioning and water supply technology. Copper is often used for roofing and facades due to its good corrosion resistance and, last but not least, because of its attractive appearance.


Aurubis would like to offer you the best possible service. To do this, we store information about your visit in so-called cookies. You can find detailed information about the use of cookies on this website under “Show details.” You can check or uncheck the options in the following selection bar to choose which of the different cookies you want to accept. However, you cannot deselect necessary cookies. By clicking OK, you agree to the use of cookies.

Show details

Necessary cookies help to make a website usable by enabling basic functions such as page navigation and access to secure areas of the website. The website cannot function properly without these cookies.

Necessary Cookies

Name of Cookie Function Storage period

cookie-popup /

Stores whether (functional) cookies have been accepted. 24 months from setting / update

functional-cookies /

Stores whether (optional) cookies have been accepted. 24 months from setting / update


Amazon AWS: Used when distributing user requests to the servers.

Until the end of the session


Preference cookies enable a website to remember information that affects the way a website behaves or looks. This information includes e.g. B. Your preferred language or the region you are in.


Name of Cookie Function Storage period


Google Analytics: Used to differentiate between users and sessions

24 months from setting / update


Google Analytics: Used to determine new sessions & visits. Is updated every time data is sent to Google Analytics.

30 minutes from setting / update


Google Analytics: In the past, this cookie operated in conjunction with the __utmb cookie to determine whether the user was in a new session/visit.

Until the end of the session


Google Analytics: Stores where the user reached the page from.

6 months from setting / update


Google Analytics: Used to limit the request rate.

10 Minutes


Cookies are small text files that websites use to make users’ experience more efficient, to provide certain functions, or to enable certain analyses. This site uses different types of cookies . Some cookies are placed by third parties that appear on our sites. We have no technical influence on cookies placed by third parties.