Japanese Electric Wire & Cable Makers’ Association announced on Wednesday Japanese copper electric wire shipment by 136 members will grow by averaged 1.1% per year through 2011. The association expects the shipment reaches 919,000 tonnes in copper weight in fiscal 2011, which is 5.5% higher than fiscal 2006. The association forecasts the shipment of optical fiber cable will increase by averaged 1.5% per year and reaches 11.76 million kilometers core in fiber length in the 5 years. The association expects the copper electric wire demand increases except for communication area in fiscal 2007-2011. The growth rate is annual 4.2% for export and 2.3% for power generation when the export increases for Middle East and Japanese power generators expand the investment in fiscal 2007 and 2008. The demand for construction, which represents 45% of total demand, increases by annual 1% in the 5 years. The copper electric wire demand increases by annual 0.7% for electronic machinery during the 5 years while the demand decreases for electronics devices and appliances due to offshore shift by the users. The demand for automobile increases by 0.5% during the period when the association expects the wire consumption per 1,000 units of vehicle increases from 7.7 tonnes in fiscal 2006 to 8.13 tonnes in fiscal 2011.
Japan Steel Scrap Composite Prices (Sangyo Press)
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