Home / Metal News / China Aluminum Alloy Cable Standard to Hit Copper Demand? SMM Interviews

China Aluminum Alloy Cable Standard to Hit Copper Demand? SMM Interviews

iconJun 3, 2015 18:48
Source:SMM
Goldman Sachs said in a recent report that enforcement of a national standard scheduled for September 1 may hurt China’s copper demand in 2016.

SHANGHAI, Jun. 3 (SMM) – Goldman Sachs said in a recent report that enforcement of a national standard for aluminium alloy cable scheduled for September 1 may hurt China’s copper demand in 2016. Chinese analysts, however, believe the any immediate impact is not expected.

“The theory was raised years ago, but aluminum alloy consumption in wire & cable sector remains limited, meaning it remains still hard to replace copper with aluminum alloy in large amounts, so we see limited impact in the near term,” analyst of First Futures told SMM.

Analyst of Dayou Futures also noted that it takes time to update equipment and technologies. “There won’t be any major effects in the short term, but the influence may loom large in the long run,” the analyst added.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 
 

copper wire and cable
aluminum alloy cable
China aluminum alloy cable standard
SMM interview

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All