Industry Analysis & Industry Trends
Declining revenue during the recession forced companies to cut costs by idling plants and reducing their workforce in an effort to protect profit margins. Consequently, general weakness in downstream demand in the past five years, in addition to drops in copper prices, caused industry consolidation. In the five years to 2018 however, the price of copper is expected to continue fluctuating, albeit less sharply than in previous years, while following a predominantly downward trend. Moreover, renewed activity in downstream construction markets will spur industry demand... purchase to read more
Industry Report - Industry Products Chapter
Copper wire, sheets and strips
The most popular products provided by the Copper Rolling, Drawing and Extruding industry are wire, sheets and strips. Sales of these products are expected to account for 38.5% of industry revenue in 2013. Although copper wire's share of revenue has fallen slightly during the five years to 2013, because of its integration with construction, the product's use in other, steadier markets has limited this decline.
Copper wire is used in an array of applications and markets. However, it is prominently used as electrical and communications wiring since it is easily malleable, an excellent conductor of heat and electricity and resistant to corrosion. Copper packs more power into a given diameter of wire than any substitute material... purchase to read more