China cable producers still switching to aluminum alloy

Nov 04, 2013 | 07:39 PM |

Tags  aluminum prices, copper prices, copper cable, aluminum alloy, China cable production

SHANGHAI — The high spread between copper and aluminum prices continues to put pressure on Chinese cable producers to substitute aluminum alloy for copper, an issue that captured the spotlight during a recent copper conference in Kunming, China, held by Beijing Antaike Information Development Co.

"At present, 50 percent of the cables are made of aluminum alloy in North America, and this number is about 60 percent in Europe and 70 percent in South Korea and Japan, while this number is less than 10 percent in China," Antaike analyst You Zhenping said at the conference. "Under the current high copper price and fierce price competition among cable producers, many cable producers are seeking technology to lower costs."....

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