Enamelled Wire Industry Orders Remain Under Pressure

Published: May 20, 2026 11:16

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According to SMM, demand from end-use sectors such as new energy and power transformers currently maintained a steady trend; demand from the home appliance and two-wheeler markets was generally subdued, with a notable decline in demand from the refrigeration industry, which significantly dragged down enamelled wire market demand. Although copper prices pulled back slightly recently, wait-and-see sentiment remained strong in the downstream market. Combined with the gradual arrival of the traditional industry off-season, overall industry orders remained under pressure.

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