wire & Tube China 2006 to be staged at the right time & place with all-around support

For Immediate Release
August 18, 2005


wire & Tube China 2006 to be staged at the right time & place with all-around support

The debuting wire and Tube China staged in September 2004 achieved great success and won wide applauses from both exhibitors and buyers. Boosting a gross exhibition area of 26,000 sqm, the twin events attracted 683 exhibitors from 28 countries and regions, showcasing a broad range of the latest and most representative cable and tube manufacturing and processing technologies to 23,447 professional visitors from all over China, as well as more than 70 countries and regions in the world. The concurrent conferences and seminars were also very popular. Many industry insiders, exhibitors and buyers had agreed to meet again at the next edition in Shanghai after two years.

Numerous international exhibitor groups expressed their great confidence in China’s cable and tube market and their continuous concerns. The market potential of China’s cable and tube industry has gradually revealed in recent years, indicating greater opportunities for China’s wire and cable industry. The power grid lines in many regions in China are obsolete and transformer substation equipment seriously aging. Many types of equipment need updating & replacement. According to State Power Grid Corporation, China will invest RMB20 billion (USD2.47 billion) in the large-scale technological renovation of the power grids in 31 key cities, from low-voltage building wire and cable to high-voltage power cable, thus thoroughly solving the problems existing in the power grids in these cites, posing wonderful opportunities for the national wire and cable industries. According to the analysis, new and higher requirements will be put forward for the variety and quality of wire and cable products due to the great emphasis the state has put on the infrastructure construction, such as renovation of city and township power grids, development of Infobahn, upgrading of electric equipment, and requirement of energy-saving, etc. Currently, only 30% of the wire and cable categories in China are able to compete in international markets and the rest 70% need upgrading of product level and grade. The market volume, therefore, will not have massive increase for a certain period in the future, but there will be a greater demand for more varieties and better quality of products. When comes to steel tube industry, the current steel tube production capability in the world is about 58-60 million tons including 39-40 million tons of welded tubes according to statistics. Generally speaking, the supply basically meets the demand in the world steel tube market. As one of the top 10 seamless steel tube producers and a big consumer in the world as well, China has also begun to seek expansion in oversea markets, and has particularly begun to explore the Middle East market that depends entirely on imports for steel tubes. The steel tube industry in China has developed into a period of rapid growth, satisfying internal demand, exploring oversea markets and improving the overall competitiveness. The promising market development potential indicates the “right time” for the staging of wire & Tube China 2006.

wire & Tube China 2006 is coming again. After a perfect performance in September 2004, what brand new image will the next twin versions of wire & Tube present to us? It is reported that the event will again jointly organized by Shanghai Electric Cable Research Institute (SECRI), Metallurgical Council of the China Council for the Promotion of International Trade (MC-CCPIT), and Messe Dusseldorf China Ltd. The perfect combination of domestic and international trade associations plus the internationally renowned exhibition organizers will surely<