Market Data

Recycled copper percentage continues to grow in Europe

According to the International Copper Study Group (ICSG) a record high proportion of recycled copper was observed in Europe (Russia included) in 2009. With a 3.5 percentage point increase, recycled copper met 45.7% of Europe’s demand, compared with 42.2% in 2008. Due to the strong overall demand growth in Asia, the global recycling percentage fell from 35.3% in 2008 to 33.7% in 2009.

In 2009, over 45% of the copper used in Europe came from recycling

The late 2008/2009 economic crisis severely impacted the European copper industry, with overall demand falling by 23%. The resulting market pressures encouraged European players to maximise their use of recycled materials. By recycling over 2.2 million tonnes of copper, the European region (Russia included) achieved a Recycling Input Rate of 45.7%, compared with 42.2% in the previous year.

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