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SINGAPORE, Sept 8 (Reuters) - Shanghai copper fell around 2 percent on Monday but it lagged behind a 4.5 percent slide in London prices after big jumps in inventories on Friday. But prices in London bounced on Monday, lifted by gains in other other commodity markets as the dollar lost ground against the euro after the U.S. government on Sunday seized control of mortgage finance companies Fannie Mae (nyse: FNM - news - people ) and Freddie Mac (nyse: FRE - news - people ), which own or guarantee half of all U.S. mortgages. LME copper rose $75 or 1.1 percent, to $6,975 at 0232 GMT, while Shanghai November copper dropped 1,030 yuan to 55,630 yuan ($8,130) and earlier touched a nine-month low.

"SHANGHAI, Jun. 5 (SMM) -Speculation is running high that aluminum will replace copper in wire & cable now that China's new standards for aluminum alloy cable will take effect September 1. However, the new standards will do little in boosting aluminum applications in wire & cable, Shanghai Metals...... "

Siemens is expanding its global manufacturing network for wind turbine plants and is building a new production facility in Lingang New City in Shanghai. By establishing this new rotor blade and nacelle plant, the company is further strengthening its environmental portfolio. This new facility is scheduled to take up operation in the second half of 2010, initially with 400 employees. The wind turbine plants produced in Shanghai will be for the Chinese market and for export.

"Companies Mentioned: 3F Electronics Beijing Force Beijing S.P.L Coficab Coroplast Delphi FUJIKURA Furukawa Electric General Cable HUATAI Kyungshin Leoni Ningbo KBE Shandong Huanyu Shanghai Panda Shanghai Shenglong Sumitomo Electric Tition Xingda Yazaki Yura "

According to IHS Automotive, production commenced at Delphi's wire harness plant outside of Shanghai. By the end of 2012, the US$10M plant will employ 2,000 on its 17,000m2 premises. The operation will produce high-tech components worth US$100M and will supply Shanghai Volkswagen and Shanghai General Motors.

"SHANGHAI, Aug. 11 (SMM) - There is huge market potential to replace copper with aluminum in China's cable industry, cableabc.com reported. Market value of China's aluminum alloy cable approached 13 million yuan ($2.1 million) in 2014. However, China's rate of substituting aluminum alloy for copper in cable is just 3%-5% at present, well below 55% in Japan. Currently, the rate of using aluminum alloy and Al-Mg-Si alloy to replace copper cable has reached 70%-75% in the US, cableabc.com added, quoting data from Research and Markets. "

Copper prices tumbled to a five-week low Thursday on expectations that falling demand from China and a slowdown in the U.S. housing market will lead to a surplus of the metal. Other commodities traded mixed, with crude oil rebounding slightly and gold, silver and soybeans falling. Corn and wheat futures rose. China, the world's biggest buyer of copper, has been importing less of the metal since the completion of most major construction projects heading into the Beijing summer Olympics. Copper imports in June fell 20 percent compared to May, China's custom's agency said this month. As a result, stockpiles of the metal have swelled in Shanghai and London, helping drive down prices.

Copper futures fell in Shanghai on the first trading day after a national holiday on signs Chinese buyers are holding back amid ample local supplies and high world prices.

Copper and aluminum futures advanced in Shanghai on investors' optimism...

GP Autoparts Limited, a subsidiary of the Hong Kong-listed industrial group Gold Peak Industries, announced that it will sell its 50% stake in Shanghai Jinting Automobile Harness Limited to Etern Group for RMB320M (US$50.8M). Shanghai Jinting Automobile Harness Limited produces wiring harnesses for both Chinese and international autos companies. In a statement released by Gold Peak Industries, the company cited increasing competition in the wiring harness sector, as well as the pending expiry of key long term contracts as reasons for the divestment.

Yangzhou Baosheng Copper Industry, a large Chinese manufacturer of wire and cable, announced on 12th December that it had placed an order with Germany's SMS Meer for a CONTIROD system to be installed at its plant in Baoying, Jiangsu province. The new system, which has a capacity of 48t/h, will come into action in 2014 and will enable the company to expand its range of products.

According to an annual survey from Antaike, operating rates at Chinese copper fabricators were on average 2.66 percentage points lower in 2012 than in 2011. The sector that saw the largest slow down in utilisation was the copper tube sector, down 7.27 percentage points in 2012, due to low operating rates in air conditioner sector denting the demand for copper tube in China. Wire manufacturers and foil manufacturers were reported to have fared better in 2012, with utilisation rates rising modestly.

Henan-based Golden Dragon Precise Copper Tube (Henan Golden Dragon), the world's largest manufacturer of commercial copper tube, will open a new 30,000t/y high precision copper tube factory in July 2013. Henan Golden Dragon begun production of the facility in May 2012 and have invested a total of RMB 380M (USD60.5M). The factory will produce high precision copper tube.

Milan, 18 March 2014. Today in Shanghai, a joint venture between KME Ag and the Chinese company Golden Dragon Precise Copper Tube Group Inc. has been finalized. The project foresees the construction of a manufacturing plant for "connectors" rolled products in the province of Henan.

"SHANGHAI, Jun. 4 (SMM) - China has launched pilot applications of rare earth high-Fe aluminum alloy cable in Fujian Province, local media reported. Rare earth high-Fe aluminum alloy cable, self developed by China, has broken US monopoly over the past more than 40 years. "

SINGAPORE -- Copper prices were steady in London and Shanghai on Friday, after modest overnight gains, but trade was thin as investors awaited the cobbling of a plan to preserve the economy from septic debt.

China's Golden Dragon Precise Copper Tube Group Inc., which is 25%-owned by three foreign companies including Standard Chartered PLC ( STAN.LN), plans to raise CNY1.5 billion ($214.3 million) through a Shanghai listing, a company executive said Tuesday.

According to data released by the Shanghai-based nonferrous metals data provider Metalease, 18 major copper tube makers in China were operating at 35% capacity in January, in response to plummeting demand. Business activity has also been affected by the Chinese New Year festivities. The plants, which have a combined capacity of 978,000 t per year, consumed 28,000 t of refined copper in January compared to their consumption capacity of 81,500 t per month. Even though the Chinese government has increased the export tax rebate for copper tubes of diameter of less than 25 mm, the 18 copper tube producers exported only 21% of their total output in January, compared with 26% in December.

Founded in 2005, LeDi is located in China near Shanghai in Zhejiang province, a hub of transportation, trading and communications. The company has three copper wire production lines with total annual capacity of approximately 36,000 tons. In April 2009, LeDi received a license to import scrap metal directly from foreign countries, making it one of the only copper processing companies in China that is licensed to import scrap copper directly from the USA, thereby decreasing raw materials costs and providing a meaningful competitive advantage.

NEW YORK--(BUSINESS WIRE)--Bay Acquisition Corp. (formerly known as SecureLogic Corp.) (OTCBB: SLGI) ("Bay Acquisition"), announced that it has entered into an agreement to acquire Zhejiang Ledi Electronic Technology Co., LTD. ("LeDi"), a copper processing enterprise located in China, which produces electrical copper wires in the wire and cable industries. The transaction is structured as an acquisition of LeDi's Samoan-based holding company.

The Shanghai Futures Exchange announced that it will begin delivery of copper and aluminium futures contracts at warehouses at Yangshan port. Settlement will be in RMB without tax and that will reflect international prices. The Shanghai Yangshan port bonded zone has been approved by the State Council and was officially put in operation on 10th December. The area is also home to a number of trading houses and logistics companies.

"Demand for copper from auto sector is ok, he said. "[Demand from] energy projects which have big consumption [of copper wire rod] have gone down, but there is no indication that it shall continue to fall," he said during the 10th Asia copper conference in Shanghai. On the contrary, there are a lot of European energy projects in the pipeline, while China is also witnessing good demand"