Strong Power Investment to Boost Copper Demand -Shanghai Metals Market

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Strong Power Investment to Boost Copper Demand 

Industry News 11:58:39AM Sep 18, 2017 Source:SMM

SHANGHAI, Sept. 18 (SMM) – Copper demand will benefit from China’s heavy investment in power sector, said Zhou Sheng, International Copper Association (ICA)’s President for China.

ICA: China’s Share in Global Copper Demand Keeps Expanding

China’s power grid investment totaled 540 billion yuan in 2016, over 60% of total power investment.

Will Winter Cuts in “2+26” Cities Hit China Copper Output in Q4 2017? SMM Reports

China will invest 1.7 trillion yuan in power distribution during 2016-2020, which will further lift copper demand.

Besides, copper use in power source side will also grow along with development of new energy vehicle market. 

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:  ica   china copper demand 

Strong Power Investment to Boost Copper Demand 

Industry News 11:58:39AM Sep 18, 2017 Source:SMM

SHANGHAI, Sept. 18 (SMM) – Copper demand will benefit from China’s heavy investment in power sector, said Zhou Sheng, International Copper Association (ICA)’s President for China.

ICA: China’s Share in Global Copper Demand Keeps Expanding

China’s power grid investment totaled 540 billion yuan in 2016, over 60% of total power investment.

Will Winter Cuts in “2+26” Cities Hit China Copper Output in Q4 2017? SMM Reports

China will invest 1.7 trillion yuan in power distribution during 2016-2020, which will further lift copper demand.

Besides, copper use in power source side will also grow along with development of new energy vehicle market. 

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:  ica   china copper demand