News with tag "aluminum"
Consumption of Copper and Aluminum in China’s Cable Industry: Current Trends and Forecast to 2035
China occupies a central position in the global cable industry — both as the largest consumer of copper and aluminum and as a leading producer of cable products. In recent years, the structure of conductor metal usage has been shifting, with aluminum increasingly replacing copper in those segments where it is technologically feasible. Current Situation: 2020–2025 Copper In 2024, China’s total copper consumption exceeded 15 million tons, with about 60% of that volume going to ...
China on the path to self-sufficiency in copper and aluminum
In recent years, China has been actively increasing its copper and aluminum production, aiming to reduce its reliance on imports and meet the rapidly growing domestic demand. However, despite the development of its own mining sector, the country remains the largest global importer of these metals, compensating for the raw material deficit through supplies from Latin America, Africa, and Australia.