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Home / Metal News / [Al Demand] Replacing Copper with Aluminum in Cable Presents Huge Market Potential
[Al Demand] Replacing Copper with Aluminum in Cable Presents Huge Market Potential
Aug 11, 2015 11:50Source:SMM
There is huge market potential to replace copper with aluminum in China’s cable industry, cableabc.com reported.
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.
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Al Demand
aluminum alloy
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