Shanghai copper foil manufacturer said during 2000-2011, the domestic copper production years’ average growth rate is close to 19%,which total output of 1.597 million tons from 2000 jumped to 2011 tons in 10.2815 million, nine years in a row first in the world according to non-ferrous metals processing industry association statistics. At present domestic engaged in copper strip processing enterprises more than 300, annual output over 15000 tons of only nine enterprises, low industrial concentration.
While the downstream demand, nearly for more than a year, household appliances, automobiles, machinery manufacturing and other consumption growth is slowing, bargaining power and rapid loss of copper processing industry. Shanghai copper foil manufacturers said many companies reflect, in order to keep sales, processing enterprises came at the expense of profits to the price war “stage mode”, the largest problem of them is now falling copper processing fee. As for copper products, the average gross profit margin dropped to below 5%, while individual companies or even admits approximation on the edge of the losses, the industry present situation is not optimistic
Shanghai copper foil manufacturers said in addition to copper processing in rapid decline, copper industry is also facing manpower, energy, finance cost rise rapidly, and liquidity stress and other problems.