Growing Power Grid Construction in China Boosts Aluminium Wire & Cable Demand

Growing power grid construction in China would continue to boost aluminum wire & cable demand, Shanghai Metals Market has learned.

The total length of power transmission lines (=220 kV) constructed during November grew 35.2% from a year ago to 2,080 kilometers. 34,225 kilometers of such lines were built throughout the first eleven months, also an increase of 24.4% year-on-year, data from the National Energy Administration showed.

Investment in power grid construction totaled 337.3 billion yuan during January-November, up 6.1% from a year earlier.

Most of the transmission lines were made from high-voltage aluminum wire and cable, such as steel-cored aluminum stranded wire and aluminum clad steel-cored aluminum stranded wire.

State Grid Corporation of China (SGCC)’s Hami-Zhengzhou UHVDC project is scheduled to enter operation this month. The ongoing Xiluodu-Zhejiang UHVDC project is slated to come online next year. Zhebei-Fuzhou UHVAC project is designed to go into operation in 2015.

Three projects are now under assessment: Huainan-Nanjing-Shanghai UHVAC project, Xilingol League-Nanjing UHVAC project, and Ya’an-Wuhan UHVAC project.

In this context, aluminum wire & cable demand was poised to grow further for the foreseeable future, SMM analyst Jimmy Liu said.

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