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26
2023-05
Copper price breaks down What is the current status of copper row?
Since entering the second quarter, copper prices broke down, some copper enterprises have some raw material inventory when copper prices are high, so that it is subject to greater cost pressure, in the face of weak demand, the presence of copper enterprises contracted supply to reduce capital pressure. Due to the real estate industry has not yet significantly improved, the traditional copper row downstream products such as distribution cabinets, transformers and other weak demand, most downstream enterprises choose to just replenish the warehouse. According to SMM, the previous copper row enterprises due to the epidemic unfinished projects in this year to complete, orders increased, but along with the end of the old project, the new project failed to increase the situation, the copper row market again into a deadlock. In the face of a weak market for both supply and demand, most copper row enterprises choose to retain their own customers and maintain long-term orders for immediate needs.
2023-05-26
19
2023-01
What is the outlook for the 2023 copper row market?
From the macro level, the domestic central bank lowered rates twice in 2022, providing the real economy with long-term liquidity of over one trillion yuan, and the interest rate cut also made the comprehensive financing cost of the real economy significantly lower, providing sufficient liquidity for large and medium-sized enterprises. In addition, various policy tools for the real estate industry have been launched, laying the foundation for smooth and orderly real estate financing. On the whole, various favourable domestic policies will gradually come to fruition in the process of market transmission, and the market generally expects the domestic economy to show significant improvement in 2023. Overseas, in 2022, Europe and the United States have achieved austerity policies, the risk of recession is high, and in 2023 austerity policies will continue to advance, but the degree of austerity needs to be adjusted according to the actual economic situation. In summary, both domestic capital adequacy and policy support have provided a solid foundation for the development of the real economy, making domestic and overseas markets have strong expectations and confidence in the domestic economic upturn.
2023-01-19
28
2023-03
SMM field visits to copper bar companies What is the status of the copper bar market?
The company's real estate industry data shows that 2023 is turning from a trough to a good year, but most companies are not optimistic about the development of the copper bar industry in 2023. Although the real estate industry data shows that 2023 is turning good from the trough, but from the actual situation of copper rod enterprises, most enterprises are not optimistic about the development trend of copper rod in 2023. Specifically, the main aspects are divided into the following.
2023-03-28
21
2022-01
What does a copper rod do?
Every year, 50% of the copper is purified by electrolysis into pure copper for the power industry. The copper mentioned here needs to be very pure indeed, containing more than 99.95% copper. Very small amounts of impurities, especially phosphorus, arsenic and aluminium, can significantly reduce the electrical conductivity of copper. Oxygen in copper (which tends to mix in small amounts in copper smelting) has a significant effect on the electrical conductivity of copper. The copper used in the electrical industry is generally oxygen-free copper. In addition, impurities such as lead, antimony and bismuth can prevent the crystals of copper from binding together, causing thermal embrittlement and also affecting the processing of pure copper. This pure copper of high purity is generally refined by electrolysis: impure copper (i.e. crude copper) is used as the anode, pure copper as the cathode and copper sulphate solution as the electrolyte. When current is passed, the impurity copper on the anode gradually melts and the pure copper on the cathode gradually precipitates. Refined copper can be 99.99% pure.
2022-01-21
02
2022-09
Copper bar market status and future market forecast
2022 by the macro and epidemic and other aspects of the impact of the domestic copper rod market has been less prosperous, into the second half of the year, copper price fluctuations, consumer demand again setbacks, the pressure on the enterprises, the industry called a lot of suffering, copper rod business shipments more difficult, the market is anxiously looking forward to the dawn.
2022-09-02
22
2023-02
Why is there such a big difference in price for the same copper wire?
Brass, an alloy of copper and zinc, is also known as pure copper and red copper, where is the difference between the two? 1. Appearance: Purple copper has a layer of red cuprous oxide on the surface, so it is often purplish red or rose red, while brass is usually golden yellow. 2. Composition: The main component of brass is copper and the copper content is very high, but brass is mainly composed of copper and zinc, while special brass will also contain other substances. 3. Electrical conductivity: brass and copper contain copper so they can conduct electricity, but because brass has more other elements and the copper component of purple copper is better, so the performance of purple copper conductors is better than brass. 4. Density: brass density in 8.52-8.62, copper density in 8.9-8.95, so the density of purple copper than brass to be larger. 5. Corrosion resistance: brass < bronze 6. Cutting performance: brass > purple copper 7. Price: Copper is more expensive than brass 8. Use: Purple copper is commonly used in the wire and cable industry, while brass is mainly used for valves, water pipes, and radiators, etc.
2023-02-22
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