Dongguan Huaxin Wire & Cable Co. Ltd. produced 4,433 tonnes of 8mm copper wirerod in April, down by 11.2% m-o-m. In the four months to April, the company produced 15.2kt of copper wirerod whilst it sold 13.9kt. About 78% of production in March and April was exported. Dongguan Huaxin's annual capacity of copper wirerod amounts to 72kt per annum.
Amer International Group, a Chinese copper products fabricator, announced that it is building a 500,000t/y copper wire and rod plant in Zhangmutou Town, Dongguan City, Gunagdong Province. The facility will have additional capacity to produce 100,000t/y of copper alloy products. The company expects to bring the operation on stream by 2015 and the combined investment cost amounts to RMB11.2B (US$1.8B). Amer currently has an attributable wirerod production capacity of 250,000t/y through its subsidiary's plant situated in the Tongling Economic and Technological Development Zone. The company is targeting a wirerod production capacity of 1.5Mt/y via two further projects.