The operation of the aluminum wire and cable industry has declined, and orders are being processed

Published: Jun 27, 2025 20:40

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[Weekly Operating Rate of Aluminum Wire and Cable] This week, the operating rate of leading enterprises in the aluminum wire and cable industry was 61.8%, down 1.4% WoW, with the industry's operating rate continuing to decline. According to feedback from top-tier enterprises, orders have performed well since H1 this year, with winning bids frequently secured and sufficient support from orders on hand. However, the State Grid's matching of orders remains relatively slow, and coupled with the aluminum price fluctuating at highs, current production only meets short-term rigid demand deliveries. The purchasing pace has slowed down significantly, aiming to achieve the goal of reducing both raw material and finished product inventories. Wire and cable enterprises in South China have reported a slight increase in operating rates recently, mainly due to the impact of China Southern Power Grid's delivery and order matching mechanisms. In addition, bids for this month's orders were concentrated and completed in the first half of June. Since then, new orders have declined, but given the concentrated landing of previous orders, enterprises also need time to digest the backlog orders on hand. Therefore, it is necessary to focus on the delivery cycle status of orders such as power transmission and transformation after August. It is expected that the operating rate of aluminum wire and cable will remain in the doldrums in the short term.

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