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Industry Trends

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Aksh Optifibre: On an OFC Capacity Expansion Drive

Aksh Optifibre: On an OFC Capacity Expansion Drive

Besides being ready to acquire a 100 percent stake in Unitape Mandovi Composites Private Limited, an FRP rods manufacturer, Aksh also has earmarked a capex of Rs. 950 million to enhance its optic fibre production capacity by 100 percent, OFC... (Continue reading)

Middle East Cable Market: Tapping the Arab Spring

Middle East Cable Market: Tapping the Arab Spring

The Arab Spring, international events such as Expo 2020 & FIFA 2022, and an upswing in the infrastructure investment may catapult the Middle East wire and cable market on high growth plane, analyses Mr. Andrew Shaw. In the keynote session... (Continue reading)

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Sterlite conductors used in the 1st 500kV transmission line to connect Sweden & Finland

Sterlite conductors used in the 1st 500kV transmission line to connect Sweden & Finland

An electric power system consists of generation, transmission and distribution of electric energy. Transmission lines are used to transmit electric power to distant large load centers. Over the past few decades, the rapid growth of electric power systems has resulted... (Continue reading)

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Oil Spill: Olefins Take The Blow

Oil Spill: Olefins Take The Blow

Cable Insulation Compounds Maintains in GCC on Account of Demand *Issam Siddique No petrochemical company will be comfortable with the current business environment. With oil headed for the gutters, there is mounting pressure on the prices. Customers are looking for... (Continue reading)

Turkish Cable Market – Good Opportunities, Challenging Conditions

Turkish Cable Market - Good Opportunities, Challenging Conditions

During the 8th Wire and Cable Conference 2014 held at InterContinental Istanbul, Turkey, in June, Mr. Hans Hoegstedt, CEO, Prysmian Group Turkey presented an overview of the growth of the Turkish cable market including the macroeconomic and exchange rate issues... (Continue reading)

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China Exported 5.919 Million Tons Wire Rod in Jan-Jul

China Exported 5.919 Million Tons Wire Rod in Jan-Jul

September 29, 2014 According to industry statistics, in July, China exported 92,992 tons of steel rope, representing an increase of 15.35% compared to the average level of 80,615 tons during the first six month. In January to July, China’s exports... (Continue reading)

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High demand for electricity China and India require large amounts of cables

High demand for electricity China and India require large amounts of cables

India and China are huge markets. Both countries have one thing in common: They have an increasing need for electricity and therefore also cables.     China The economic development of the PRC has slowed. Nevertheless, for this year a... (Continue reading)

Global Cable Market Grew by 3% in 2013

Global Cable Market Grew by 3% in 2013

CRU’s assessment of the insulated wire and cable and fibre optic cable markets in 2013 reveals that metallic wire and cable consumption in 2013 was 3.1 per cent higher than that in 2012. Optical cable consumption was up by 3.6... (Continue reading)

The Middle East Story: Changes in Power Cable Industry

The Middle East Story: Changes in Power Cable Industry

Issam Siddique* The cable industry in the Middle East is set for interesting times. The thrust provided by Government backed infrastructure spending has set into motion a direct push for power cables and allied raw materials. The new found infusion... (Continue reading)

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Steelmakers to go ahead with expansion

Steelmakers to go ahead with expansion

Two of India’s largest steelmakers, Steel Authority of India Ltd (SAIL) and Tata Steel Ltd, are moving ahead with capacity expansion although demand is weak and pricing remains subdued. SAIL has started to conceptualize its new mega steel expansion for... (Continue reading)

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