Enameled Wire Industry Defies Odds with Strong Orders Amid Copper Price Surge: 'White Goods' Prop Up Sector

Published: Aug 21, 2024 11:42

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["Behind the Unexpected Orders of the Enameled Wire Industry in the First Half of the Year - "White Goods as the Backbone"] In the first half of the year, copper prices hit a record high, and the operating rate of the copper processing industry was negatively affected to a certain extent, especially in the wire and cable industry, where orders and operating rates in the first half of the year were both lower than the same period in previous years. However, the enameled wire industry was relatively less affected. Despite high copper prices, orders for enameled wire enterprises remained robust. What is the reason behind this? ...

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