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In Asia Pacific, copper wire prices surged in the first quarter of 2023 on strong market sentiment. Government policies further pushed up production costs in the second quarter. However, a sluggish global economy, European bans on Chinese goods and subdued consumption weighed on the second half of the second quarter. In Europe, copper wire demand and raw material prices rose in the first quarter due to the banking crisis. Prices were stable in the second quarter as supply and demand balanced, but inflation and the global recession negatively impacted trends.

What is copper wire？Copper wire refers to a conductive wire made of copper, a conductive material used in fields such as power, communications and construction engineering.Properties of copper wiresCopper is an excellent conductive material with low resistivity and good conductivity; copper wires have good plasticity and can be easily bent and connected to adapt to various complex installation environments; copper wires have strong corrosion resistance performance, able to operate stably for a long time in humid environments and chemically corrosive conditions.Uses of copper wires1.Power trans

Copper has many useful properties and is the third most commonly used metal in the world. What are its applications and which industries consume the most copper?1.House constructionNearly half of copper supply flows into buildings, from homes to businesses. Just one home contains an average of 439 pounds of copper. Copper's malleability makes it easy to solder, yet it's strong enough to form the joints and connections needed for wire and pipe. Copper pipes are used in a variety of applications, including water pipes, refrigeration piping, heat pumps, and HVAC systems.

In April 2023, the price of copper plate belt shocked. This month, the price of copper plate belt fell with the price of copper. The market consumption was not as good as expected.On May 8, 2023, the total production capacity was 50,000 tons. As the epidemic lifted the supply of copper plate belts, the normal production was normal. It is mainly due to the decline in the demand for mobile phone and computer, the electrical transformer orders and the connection seats are kept average. Some companies have also decreased by corporate feedback from new energy and traditional fuel vehicles.

Our company is mainly involved in the production of precious metals and sales. The main products include copper products, aluminum products and stainless steel products.The company has departments such as the production department, the Ministry of Administration, the Ministry of Finance, the Ministry of Technology, and the Market Development Department. It has a group of professional technical engineers and experienced sales staff.

According to the data of the factory, at this stage, our factory's aluminum sheet inventory is one ton, which is flat compared with March. In April 2023, the production of aluminum plates of the factory was 100,000 tons, an increase of 3.78%month -on -month, an increase of 24.38%year -on -year. Since the sales of 80,000 tons last month, April has been further increased. Although April is one less working day than March, the overall quantification is still increased.

At present, many industries are using stainless steel. In addition to traditional industries and marine buildings, the use of household appliances is also increasing. Although stainless steel is more expensive than low -carbon steel, its excellent performance can extend the service life and reduce the cycle cost. Therefore, in the long run, the larger early cost will be rewarded for a long time.We know that steel is an iron and carbon alloy with a maximum carbon content of 2.1%. Stainless steel is a group of steel resistant to corrosion that is resistant to alloy elements.

Stainless steel is a steel alloy with increased corrosion resistance compared to carbon/alloy steel.Stainless steel is an iron alloy that has a minimum Chromium content of 10.5 per cent. The Chromium content produces a thin chromium oxide film on the steel’s surface called a passivation layer.

1. Material: The material of stainless steel plate is one of the key factors affecting its quality. Common stainless steel materials include 304, 316, etc. Among them, 304 stainless steel has better corrosion resistance and processing performance, while 316 stainless steel has better high temperature resistance and corrosion resistance. The appropriate stainless steel material can be selected according to actual needs and use environment.2. Surface quality: The surface quality of the stainless steel plate is also one of the factors that needs to be considered.

World Stainless has released global stainless steel statistics for 2023. In 2023, global stainless steel crude steel production will reach 58.444 million tons, a year-on-year increase of approximately 4.6%.Specifically, in 2023, except for the stainless steel crude steel production in mainland China, which increased by about 12.6% year-on-year to 36.676 million tons, the production in other regions has declined: Europe has decreased by about 6.2% year-on-year to 5.902 million tons, and the United States has decreased by about 9.6% year-on-year. % to 1.824 million tons.