WCA July 2013
❍ ❍ The draw peeling unit from Kieselstein
Tailored to needs Kieselstein offers wire manufacturers individual machine solutions that are tailored to the customer’s requirements and optimised for their needs. Intense research activities at its own technology centre have led to a respected name for Kieselstein, which also has experience in the development and construction of trolley wire drawing machines and hot wire drawing machines. Kieselstein International GmbH – Germany Website : www.kieselstein-group.com All eyes on China market Although Chinese cable makers claim around 32 per cent of the global market share, industry watchers believe that its domestic cable market, of over 7,000 cable plants, is in need of consolidation to boost margins and international competitiveness. “We see China at a point of consolidation, with standards and quality becoming very important,” said Gregory Kenny, president and CEO of General Cable Corp.
Mr Kenny said his company is figuring out where, in China, General Cable should part- icipate. The copper, aluminium and fibre optic wire and cable producer is looking to enlarge its presence in the China cable market. The global cable market is valued at $175 billion,
❍ ❍ Consolidation in the Chinese wire and cable market? Photograph courtesy of Pak China Cables website
with China’s 32 per cent market share being the largest. Mr Kenny added that his company has a sales target of $7 billion in 2013, anticipating that 35 per cent will come from emerging countries. General Cable – USA Website : www.generalcable.com
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Wire & Cable ASIA – July/August 2013
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