One Senior Officer reported on a meeting holded by American Copper Council, the consuming of copper in USA will confront with extra pressure this year. As the US real estate market continue to decline, the demand of non-residential copper will decline in succession.

vice-CEO/Financial Secretary of cable manufacturer Southwire Company—Mr. Guyton Cochran said: In comparison with the declining of residential copper demand from 2007 to 2008, non-residential demand declining will bring stronger impact to copper demand.

.

The USA residencial constructing rate of March declined 11.9% to 947,000 houses, It is the lowest record since March,1991.

According to our experience, Constructing of business real-estate will slow down in 1-2 year after that of residential real-estate.

Non-residential copper demand is the main active element for copper cunsuming。It is approximately 72% of the whole amount of US copper consuming in 2007.

.

Mr.Cachran preestimated that both non-residential and residential copper demand will decline in 2008, It is the first time for the two markets decline during same period in recent 15 years.