[Al Demand] Replacing Copper with Aluminum in Cable Presents Huge Market Potential-Shanghai Metals Market

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[Al Demand] Replacing Copper with Aluminum in Cable Presents Huge Market Potential

Industry News 11:50:38AM Aug 11, 2015 Source:SMM

SHANGHAI, Aug. 11 (SMM) – There is huge market potential to replace copper with aluminum in China’s cable industry, cableabc.com reported. 

Market value of China’s aluminum alloy cable approached 13 million yuan ($2.1 million) in 2014. However, China’s rate of substituting aluminum alloy for copper in cable is just 3%-5% at present, well below 55% in Japan. Currently, the rate of using aluminum alloy and Al-Mg-Si alloy to replace copper cable has reached 70%-75% in the US, cableabc.com added, quoting data from Research and Markets.   

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.


Key Words:  Al Demand   aluminum alloy   cable    

[Al Demand] Replacing Copper with Aluminum in Cable Presents Huge Market Potential

Industry News 11:50:38AM Aug 11, 2015 Source:SMM

SHANGHAI, Aug. 11 (SMM) – There is huge market potential to replace copper with aluminum in China’s cable industry, cableabc.com reported. 

Market value of China’s aluminum alloy cable approached 13 million yuan ($2.1 million) in 2014. However, China’s rate of substituting aluminum alloy for copper in cable is just 3%-5% at present, well below 55% in Japan. Currently, the rate of using aluminum alloy and Al-Mg-Si alloy to replace copper cable has reached 70%-75% in the US, cableabc.com added, quoting data from Research and Markets.   

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.


Key Words:  Al Demand   aluminum alloy   cable