During the last 10 years, China has promoted its position in the world’s wire rod market and it could increase its own share to 48%. Even so, the high speed of economic growth made more development of China’s share in the global wire rod demands.
China, India, Japan, and South Korea are 4 countries that are considered to be the most important semi-fabricated copper producers that during the last 10 years, on average, have produced near to 55% of the world’s wire rod. Meanwhile, China and India’s shares increased, while the other 2 countries lost their share in this market.