NewsDownstreamChina aluminum wire and cable operating rate to rise to 58% in May
22 MAY 2015Shanghai Metal Market

China aluminum wire and cable operating rate to rise to 58% in May

Edited by : AL CIRCLE
1 min read
China aluminum wire and cable operating rate to rise to 58% in May
The average operating rate at Chinese aluminum wire & cable producers is expected to rise to 58% in May on growing demand, Shanghai Metals Market foresees.

State Grid has ramped up power grid construction since April with the weather getting warmer, a trend that is expected to continue until the summer arrives in June. This will bolster demand for aluminum wire & cable.

The average operating rate at Chinese aluminum wire & cable producers increased to 54.94% in April from March’s 48.50%, SMM’s survey found.

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