Insights

ASEAN’s wire and cable market still on the up

CRU Subscriber Content
08 Sep 2017 | 
 | Region: 
Asia (Indonesia, Malaysia, Thailand, Vietnam)
 | Topic: 
Demand

This year marks the 50th anniversary of the creation of the Association of Southeast Asian Nations (ASEAN) and the 20th anniversary of the Asian financial crisis. While the region has enjoyed almost uninterrupted economic growth over the last twenty years, metallic wire and cable consumption is still only 5% of the world total. There are a number of identifiable trends that suggest that growth should continue in the future.

India - Asia’s next economic tiger?

CRU Subscriber Content
30 Aug 2017 | 
 | Region: 
Asia (India)
 | Topic: 
Demand, Economic

When Narendra Modi became Prime Minister of India in 2014, the country was hopeful that he would transform India into Asia's next economic tiger. Three years into his term in office, India appears on track to be the fastest growing economy in Asia over the medium term.

Today’s low oil prices spell higher prices ahead

CRU Subscriber Content
20 Jul 2017 | 
 | Region: 
Global
 | Topic: 
Prices, Economic

Between 2011 and 2014, the price of Brent crude oil averaged $108/bbl, but over the last three years the average has fallen below $50/bbl. This relatively low crude oil price has contributed to a favorable cost environment for commodity producers by reducing the cost of fuels - diesel, HFO and natural gas - as well as both overland and ocean freight.

China UHV investments to peak over next three years

CRU Subscriber Content
07 Jul 2017 | 
 | Region: 
Asia (China)
 | Topic: 
Demand

Investments into ultra-high voltage (UHV) power lines in China are expected to peak during China's 13th five year plan (2016-2020), following significant investments over the past decade to modernise the country's grid.

Fibre will surge with 5G

CRU Subscriber Content
08 Jun 2017 | 
 | Region: 
Global (USA), North America (USA)
 | Topic: 
Demand

In April Verizon announced a large contract with Corning. In early May, it announced another with Prysmian. The two contracts total $1.35 billion and will cover optical cable and other networking products for a period of three years starting in 2018.

Vehicle growth is all about emerging markets

CRU Subscriber Content
06 Jun 2017 | 
 | Region: 
Global
 | Topic: 
Demand, Economic

In this Special Feature we present a regional analysis of global vehicle production. The startling conclusion is that in the period to 2021 output growth, led by China, will be almost entirely concentrated in emerging markets.

Advances in fibre design key to higher transmission speeds

CRU Subscriber Content
25 May 2017 | 
 | Region: 
Global
 | Topic: 
Demand

Large-effective area fibres will be a stepping stone to the next generation of high-speed transmission equipment, with modulation schemes achieving 400 Gbps per wavelength channel.

Aluminum Association's tough stance on Chinese imports

CRU Subscriber Content
09 May 2017 | 
 | Region: 
North America (USA)
 | Topic: 
Regulation

The US' Aluminum Association (AA) is taking unprecedented action against Chinese aluminium foil producers by filing antidumping and countervailing duty petitions in the US on behalf of its members.

Prospects for global overcapacity & Chinese steel

CRU Subscriber Content
27 Apr 2017 | 
 | Region: 
Global
 | Topic: 
Demand, Production

The variability of steel demand through the cycle, as well as the underlying cost structure of large, integrated steel mills mean that up to 15% of over-capacity is hard-wired into the steel industry and cannot be eliminated. To do so would undermine the cost structure, operating model and delivery capability of the industry generally. All mills contribute to over-capacity to some degree, which makes it difficult to single out individual mills that are wholly at fault.

China's rail targets hint at lower copper-conductor cable demand

CRU Subscriber Content
25 Apr 2017 | 
 | Region: 
Asia (China)
 | Topic: 
Demand

On the face of it, China Railway Corporation's (CRC) recent announcement that it will invest another RMB 800 billion ($115 billion) in 2017, adding 2,100 km of new track and electrifying 4,000 km of existing track, looks like it should be a broad positive for copper conductor wire and cable.