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On October 5, the Japan Wire and Cable Chamber of Commerce announced the estimated shipment of copper cable by 2020 for more than 120 domestic cable companies
.
According to statistics, by 2020, the copper cable shipments of more than 120 cable companies in Japan are expected to reach 709,000 tons (copper consumption).
From 2015 to 2020, the average growth rate of copper shipments increased by 0.
3%.
As Japan invests in infrastructure to strengthen its domestic capabilities at the Tokyo 2020 Olympic Games, demand for construction-based buildings is slowly growing
.
Therefore, the agency predicts that shipments of copper cable products in 2016 may be lower than the previous year, at about
688,000 tons, due to weak demand in the construction and power sales fields.
On October 5, the Japan Wire and Cable Chamber of Commerce announced the estimated shipment of copper cable by 2020 for more than 120 domestic cable companies
.
According to statistics, by 2020, the copper cable shipments of more than 120 cable companies in Japan are expected to reach 709,000 tons (copper consumption).
From 2015 to 2020, the average growth rate of copper shipments increased by 0.
3%.
As Japan invests in infrastructure to strengthen its domestic capabilities at the Tokyo 2020 Olympic Games, demand for construction-based buildings is slowly growing
.
Therefore, the agency predicts that shipments of copper cable products in 2016 may be lower than the previous year, at about
688,000 tons, due to weak demand in the construction and power sales fields.
