The growth of domestic power grid construction drives the aluminum cable market

Release time： 2021-12-31 18:16

【Summary description】 Investment in power grid infrastructure projects totaled 86.6 billion yuan in the previous four months, the China Electricity Union said, citing the National Energy Administration and national statistics

China Electricity Union cited the National Energy Administration and national statistics, the first four months of the grid capital construction project investment completed 86.6 billion yuan, an increase of 29.6% year-on-year, the first four months of the increase of more than 200 kV line length of 8,449 km, an increase of 109.5% year-on-year. Data show that the length of new lines in the domestic power grid is in a period of rapid growth. According to statistics, since January to April this year, the aluminum cable industry generally picked up, with the first two phases of the State grid and provincial network bidding projects completed, as well as the third batch of aluminum cable project bidding, the number of new orders of enterprises increased significantly, and the enterprise operating rate also gradually rose to more than 60%, close to the level of the same period last year. Aluminum cables such as steel-core aluminum strand and aluminum-clad aluminum strand in high-voltage transmission lines are the main products of primary aluminum consumption. The newly added line length announced by China Electric Power Union just shows that the growth of domestic power grid construction drives the consumption of aluminum cable industry, and then promotes the domestic demand for primary aluminum.