Shijiazhuang City will build the world’s biggest replacing-copper-with-aluminum cable production base, the annual output value can reach 100 billion yuan, in the future it will develop replacing-copper-with-aluminum highend industry cluster. This piece of news was learned by the reporter at the Rare Earth highiron Aluminum Alloy [Nonferrous Business Opportunity: Aluminum alloy door] Cable Conductor New Technology Application Seminar held at the provincial capital.

At present, the total output value of China’s cable industry has reached 1.2 trillion yuan, in which copper cable accounts for 97% of market share, aluminum and its alloy cables only accounts for 3%. Each year 60% of China’s copper resources depends on import, the cable industry consumes over one half of copper resources. According to Wen Xianjun, Deputy Director of the China Nonferrous Metals Industry Association, because copper price (48370, -350.00, -0.72%) remains high under control by international monopoly corporations, whereas aluminum price (13475, 15.00, 0.11%) is relatively lower, under the precondition of ensuring safety and reliability, replacing copper with aluminum will become a new development trend in the cable industry.

In the past aluminum could not be used to replace copper cable, for the reason that it was unable to meet requirements in conductivity and flexibility. However, as the leading enterprise of replacing-copper-with-aluminum cable production base in Shijiazhuang City, Hebei Joy Sense Cable Co., Ltd has developed and manufactured rare earth high-iron aluminum alloy cable, which is no inferior to copper cable in terms of conductivity and flexibility, besides its overall usage cost is 40% lower than that of copper cable, thus boasting broad market perspective.