首页|Cable, construction industries key to China's copper demand rise
Cable, construction industries key to China's copper demand rise
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NSTL
The power cable and construction sectors in China, the world's second largest copper consumer, will play a significant role in boosting domestic copper consumption, the International Copper Association, said. The cable and construction sectors are China's biggest consumers of copper cathodes. The power cable industry accounts for 50 percent of China's total copper consumption, and the construction sector 15 percent, the ICA said. "The power cable industry's copper consumption is estimated to have an average growth rate of 6 percent a year in the next five years," according to Joyce Zhou, ICA's China director.In 2001, consumption in that sector rose 8 percent on year to 1.3 million tons, Zhou said. China's total domestic copper demand totaled more than 2 million metric tons last year.
NSTL
