Aluminum Wire and Cable Industry Resumes Production with Slower Capacity Recovery in Early 2025

Published: Mar 2, 2025 16:26

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March 2, 2025—
After the Chinese New Year, the aluminum wire and cable industry resumed production at a steady pace. This week, the operating rate of leading enterprises reached 53%, up 2 percentage points MoM, mainly due to the orderly resumption of work as planned. However, compared to the 60% operating rate in the same period of 2024, the current rate still shows a YoY decline of 7 percentage points. The weaker capacity recovery compared to last year is primarily constrained by two factors: first, the industry's delivery peak has not yet arrived; second, the total volume of pending orders for enterprises is lower than that of the same period in 2024, directly affecting the momentum of operations.

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