Dec. 10, 2018
According to the Mining Cable Manufacturer, after several years of rapid development, China's Mining Cable industry has formed a certain scale, but because the production capacity is greater than the demand, there is a situation of oversupply. The current production capacity has greatly exceeded the predicted demand value this year, and wire and cable companies are facing the problem of urgently improving the technical content of products.
At present, the scale is growing too fast, and the overall capacity of the wire and cable industry is more than double that of demand. The predicted demand for all major products in 2000 is less than the current production capacity. In the past few years, the wire and cable industry has paid insufficient attention to the adjustment of product structure, and the contradiction of product structure is still outstanding. High-level products can not meet the needs. For example, from a broad perspective, China's bare wire production accounts for nearly one-fifth, and developed countries only account for one-tenth. In bare wires, overhead wires and ordinary steel-cored aluminum strands account for the vast majority.
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