Your Location > Home > News & Market >Domestic News > Power grid growth in China to boost demand for aluminium cables and wires
Today' Focus
-
Hangzhou Jinjiang Group's general manager Zhang Jianyang, vice general manager Sun Jiabin and their team had attended the SECOND BELT AND ROAD FORUM FOR INTERNATIONAL COOPERATION, they also attended the signing ceremony of comprehensive strateg...
International News
Domestic News
Domestic News
Power grid growth in China to boost demand for aluminium cables and wires
- China Aluminium Network
- Post Time: 2014/3/28
- Click Amount: 831
According to a report from Shanghai Metals Market, high-voltage power transmission lines that were constructed in 2014 beginning had increased in length by 11% compared to the previous year. This has supported the demand of aluminum cables and wires.
During the months of January & February 4,201 kms of power lines & above 220 kV were built in China while the total power grid investment of the country rose 22% YOY to 40 bn yuan ($6.5 bn) in that same period, China Electricity Council’s report says.
China’s plan to construct high-voltage power grid will keep the demand for aluminium robust before 2017. This is because majority of the transmission lines make use of aluminium cables and wires, according to an earlier report of Shangai Metal Market.
However, the capacity utilization rates of aluminium cables and wires in China dipped to the lowest mark this year in February. SMM’s research team says this has resulted because of the construction of new power lines on order the last year.
- Copyright and Exemption Declaration :①All articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China
Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China
Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this.
②Articles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or
accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the
articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey
this.
③If any articles copied by our website concern the copyright and other problems, please contact us within one week.