For the Quarter Ending December 2025
North America
•The North American Aluminium wire (Copper cladded) Price Index decreased by 2.1% quarter-over-quarter, averaging approximately USD 5,150/MT.
•The Aluminium wire (Copper cladded) Spot Price declined notably in December, pressured by high regional inventories and subdued year-end demand.
•The near-term Aluminium wire (Copper cladded) Price Forecast is cautiously bearish, contingent on inventory drawdowns and Q1 2026 infrastructure funding disbursements.
•The Aluminium wire (Copper cladded) Production Cost Trend was mixed, with stable aluminium premiums but elevated labor and financing costs.
•The Aluminium wire (Copper cladded) Demand Outlook is stable for utility grid projects but weak in residential construction and automotive sectors.
Why did the price of Aluminium wire (Copper cladded) change in December 2025?
•Prices decreased due to aggressive destocking by distributors and muted procurement activity, overshadowing steady raw material costs.
APAC
• In South Korea, the Aluminium Wire Price Index rose by 1.38% quarter-over-quarter, reflecting tighter supply.
• The average Aluminium wire (Copper cladded) price for the quarter was approximately USD 5290.33/MT, excluding logistics charges.
• Aluminium wire (Copper cladded) Spot Price remained range-bound during December as export orders offset feedstock cost fluctuations.
• Aluminium wire (Copper cladded) Price Forecast indicates modest upside from pre-Lunar New-Year restocking and export demand.
• Aluminium wire (Copper cladded) Production Cost Trend sees upward pressure from LNG-linked power tariffs, offset by efficiency.
• Aluminium wire (Copper cladded) Demand Outlook supported by construction and infrastructure projects, while automotive demand remains subdued.
• Aluminium wire (Copper cladded) Price Index reflected tight upstream inventories alongside ingot arrivals, prompting cautious seller pricing.
• Korean continuous-cladding plants ran near nameplate utilization, supporting steady offers despite weaker automotive orders domestically.
Why did the price of Aluminium wire (Copper cladded) change in December 2025 in APAC?
• Production constraints in China tightened inventories and limited supply, creating upward pressure on Aluminium wire (Copper cladded).
• LNG-linked higher power tariffs raised conversion costs, offset by softer aluminium and copper benchmark movements.
• Steady export orders and smooth ingot arrivals sustained offers, while buyers moderated purchases, managing inventories.
Europe
•In Europe, the Aluminium wire (Copper cladded) Price Index was largely flat, showing a marginal decrease of 0.5% for Q4, with an average of USD 5,410/MT.
•The Aluminium wire (Copper cladded) Spot Price found a floor in December amid balanced regional supply and demand.
•The Aluminium wire (Copper cladded) Price Forecast points to potential Q1 2026 increases, linked to anticipated restocking and stable energy costs.
•The Aluminium wire (Copper cladded) Production Cost Trend stabilized as natural gas prices eased from Q3 peaks, providing relief to smelters and processors.
•The Aluminium wire (Copper cladded) Demand Outlook is bifurcated: strong renewable energy investments offset persistent industrial slowdowns.
Why did the price of Aluminium wire (Copper cladded) change in December 2025?
•Prices saw a slight decrease primarily due to competitive pressure from imports and cautious, hand-to-mouth buying from end-users ahead of the holiday period.
For the Quarter Ending September 2025
North America
• In North America, the Aluminium Wire (Copper Cladded) Price Index is estimated to have risen by approximately 2.8% quarter-over-quarter in Q3 2025, driven by increasing uptake in lightweight wire applications and higher feedstock costs.
• Aluminium Wire (Copper Cladded) Spot Price firmed as elevated copper premiums and aluminium alloy demand pushed up cladding and processing costs—reducing discounting flexibility.
• Aluminium Wire (Copper Cladded) Price Forecast anticipates moderate upside into Q4 2025, particularly supported by automotive wiring harness trends (including EVs), telecom infrastructure roll-outs and lightweight wiring in buildings.
• Aluminium Wire (Copper Cladded) Demand Outlook remains constructive: major downstream applications include telecom/5G cabling, automotive electrical systems (especially EV harnesses), building wiring where weight reduction is valued, and renewable-energy wiring installations.
• The Aluminium Wire (Copper Cladded) Price Index was supported by restocking across North American service centres, import lead-time lengthening on premium cladded wire, and sustained demand even as some construction segments softened.
• Domestic mills operated at high utilisation; however, cladding capacity constraints and elevated alloy and feedstock cost prevented deeper price declines, helping keep the Price Index at elevated levels.
Why did the price of Aluminium Wire (Copper Cladded) change in September 2025 in North America?
• The Aluminium Wire (Copper Cladded) Price Index increased in September as purchasers accelerated orders ahead of anticipated supply tightness for premium cladded grades and end-use projects (EV wiring, telecom) drawing on prompt availability.
• At the same time, higher copper and aluminium alloy costs, plus elevated processing and logistics expenses, raised landed cost and supported higher Spot Price levels.
• Additionally, longer import lead times due to shipping/logistics constraints and heightened demand for lightweight wiring solutions boosted buyer coverage activity, tightening available supply and reinforcing the upward move in the Price Index.
APAC
• In South Korea, the Aluminium Wire (Copper Cladded) Price Index rose by 2.26% quarter-over-quarter, driven by disruptions.
• The average Aluminium Wire (Copper Cladded) price for the quarter was USD 6558/MT on CFR Busan terms.
• Aluminium Wire (Copper Cladded) Spot Price advanced amid higher freight costs and constrained Chinese intermediary production volumes.
• Aluminium Wire (Copper Cladded) Price Forecast signals mild volatility as inventories adjust and seasonal maintenance curbs consumption.
• Aluminium Wire (Copper Cladded) Production Cost Trend shows rising input and logistics expenses pressuring margins for firms.
• Aluminium Wire (Copper Cladded) Demand Outlook remains supported by automotive, renewables and public infrastructure despite weak construction.
• Aluminium Wire (Copper Cladded) Price Index firmed through August due to strategic inventory builds and public procurement.
• Operational disruptions and reduced Chinese operating rates tightened supply, supporting CFR Busan price stability, shipments.
Why did the price of Aluminium Wire (Copper Cladded) change in September 2025 in APAC?
• Chinese production slowdowns and operating rate reductions tightened export volumes, raising landed costs, limiting supply.
• Container freight volatility altered CFR Busan import economics, shifting buyer procurement timing and reducing volumes.
• Public infrastructure demand supported consumption, offsetting weak construction, producing mixed price pressure during September.
Europe
• In Europe, the Aluminium Wire (Copper Cladded) Price Index is estimated to have risen by approximately +2.0% quarter-over-quarter in Q3 2025, reflecting a modest recovery in downstream usage and some supply chain tightening.
• Aluminium Wire (Copper Cladded) Spot Price firmed as feedstock aluminium and refined copper costs remained elevated, plus buyers in automotive harness, telecom and renewable infrastructure sectors initiated coverage.
• Aluminium Wire (Copper Cladded) Price Forecast for Q4 2025 points to moderate upside potential, provided automotive electrification, grid-upgrades and lightweight wiring demand continue; however, risks remain from macroeconomic weakness.
• Aluminium Wire (Copper Cladded) Production Cost Trend in Europe was upward-tilting: higher electricity and energy tariffs, rising alloying and processing (cladding) costs, and logistics burdens increased unit cost for manufacturers.
• Aluminium Wire (Copper Cladded) Demand Outlook is cautiously positive: key downstream uses in Europe include automotive wiring harnesses (especially EV), telecom cables/coaxial, electrical building wiring where weight and cost-saving are valued, and renewable energy installations.
• The Aluminium Wire (Copper Cladded) Price Index was underpinned this quarter by tightening of premium-grade wire availability and restocking in the lighter-weight wiring segment by OEMs.
• While supply remained adequate in bulk, manufacturers reported import competition and feedstock uncertainty, which provided some support to the Price Index rather than allowing sharp declines.
Why did the price of Aluminium Wire (Copper Cladded) change in September 2025 in Europe?
• The Aluminium Wire (Copper Cladded) Price Index increased in September because procurement ahead of year-end contract renewals and demand from EV wiring and renewables projects tightened regional availability of cladded-wire grades.
• Rising energy and processing costs (especially in Western European countries) elevated manufacturing cost, which supported higher offering levels and kept the Spot Price firm.
• At the same time, some import delays for cladded product (due to logistics and compliance/standard review) reduced spot availability, which aided the upward move in the Price Index.
For the Quarter Ending June 2025
North America
• The Aluminium Wire Copper Cladded Price Index in North America experienced downward movement during Q2 2025, driven primarily by ample inventory levels and limited short-term procurement activity among distributors and cable manufacturers.
• Aluminium Wire Copper Cladded Price in the region came under pressure as consistent domestic production, combined with steady import availability from global suppliers, contributed to a generally oversupplied market through most of the quarter.
• The Aluminium Wire Copper Cladded Production Cost Trend remained mixed—while raw aluminium costs showed signs of softening, manufacturers continued to face elevated labor and energy expenses, particularly in the U.S., impacting overall margins.
• The Aluminium Wire Copper Cladded Demand Outlook stayed relatively flat. While utility-scale grid modernization and EV charging infrastructure projects offered support, reduced residential construction and industrial activity in certain states tempered broader consumption.
• The Aluminium Wire Copper Cladded Price Forecast suggests that unless a significant policy shift or supply disruption occurs, North American prices may remain under pressure through early Q3, as buyers remain cautious and well-stocked.
• By the end of the quarter, inventory levels across major logistics hubs and service centers remained stable or slightly elevated, offering little upward pressure on the regional Price Index.
Why did the price of Aluminium Wire Copper Cladded change in July 2025 in North America?
From a market perspective, prices faced renewed upward pressure in early July following preliminary trade policy developments aimed at scrutinizing imports from Asia. Anticipation of stricter controls led to increased spot market activity and restocking among select buyers, particularly in the U.S., thereby nudging the Aluminium Wire Copper Cladded Price Index upward.
APAC
• Aluminium Wire Copper Cladded Price Index in the APAC region fell by approximately 0.5% in Q2 2025 compared to Q1, signaling slight market softness across major hubs.
• The Aluminium Wire Copper Cladded Production Cost Trend saw elevated raw material and energy prices particularly in smelting and freight, adding pressure on manufacturers. While some cost relief emerged later in the quarter, it was insufficient to offset the broader slowdown.
• Key downstream sectors in APAC remained stable, including construction, electrical infrastructure and EV-related wiring. However, demand growth was generally muted, with ongoing weakness in residential construction slowing uptake.
• The Aluminium Wire Copper Cladded Price Forecast for APAC suggests continued mild weakness ahead, unless supply tightens or demand revives significantly later in 2025.
• By the end of the quarter, warehouse inventories remained relatively high with no major logistical bottlenecks, maintaining downward pressure on the regional Price Index.
Why did the price of Aluminium Wire Copper Cladded change in July 2025 in Asia?
The Aluminium Wire Copper Cladded Price Index faced upward pressure in early July 2025 due to compounding supply constraints across Asia. China's aluminium wire and cable industry continued operating at reduced capacity, as smaller producers grappled with high raw material costs and softer post-delivery demand.
Europe
• The Aluminium Wire Copper Cladded Price Index in Europe remained relatively stable during Q2 2025, with minor fluctuations driven by regional differences in demand and supply continuity across EU member states.
• Aluminium Wire Copper Cladded Price trends reflected a tug-of-war between higher energy costs particularly in smelting-intensive economies and balanced inventory levels that kept extreme volatility in check.
• The Aluminium Wire Copper Cladded Production Cost Trend continued to be influenced by high power tariffs across parts of Western and Southern Europe, with electricity-intensive production lines seeing margin compression. Freight cost normalization helped partially offset these impacts.
• The Aluminium Wire Copper Cladded Demand Outlook was supported by ongoing investment in green energy infrastructure, grid resilience programs, and the gradual rollout of EV-centric transportation upgrades across Northern and Central Europe.
• The Aluminium Wire Copper Cladded Price Forecast for the near term indicates a neutral to slightly bullish tone, assuming policy stability and consistent industrial project funding under EU sustainability frameworks.
• By the end of the quarter, warehouse inventories were described as healthy, with most suppliers maintaining a cautious procurement stance in anticipation of second-half demand signals.
Why did the price of Aluminium Wire Copper Cladded change in July 2025 in Europe?
Prices in early July likely experienced a mild uptick, driven by procurement acceleration from European utilities and electrical contractors ahead of expected delivery delays linked to port congestion and tighter customs checks. Additionally, lingering concerns around Eastern European logistics and regulatory adjustments created uncertainty, prompting localized restocking that modestly lifted the Aluminium Wire Copper Cladded Price Index.
For the Quarter Ending March 2025
Asia-Pacific (APAC)
• The Aluminium Wire (Copper Cladded) Price Index declined in the Asia Pacific region during Q1 2025, with FOB Shanghai prices closing at USD 6,613/MT, down 0.7% compared to the previous quarter.
• China remained the centre of regional pricing shifts, as its domestic market experienced high volatility in terms of both supply and demand fundamentals.
• Disrupted logistics, seasonal slowdowns, and adverse weather conditions impacted material movement and sales volumes.
• Raw material input cost volatility and weakened construction and electronics demand weighed heavily on market confidence.
• The Aluminium Wire (Copper Cladded) Spot Price remained under pressure as ample inventories clashed with low buying appetite.
• The Aluminium Wire (Copper Cladded) Production Cost Trend saw limited relief due to uncertain copper and aluminium input costs, despite cheaper local energy tariffs in parts of the region.
• Why did the price of Aluminium Wire (Copper Cladded) change in Asia during April 2025? Prices were low, driven by continued sluggish demand and surplus inventories across major APAC economies.
• The Aluminium Wire (Copper Cladded) Demand Outlook remains bearish in the short term, especially from infrastructure and OEM sectors.
• The Aluminium Wire (Copper Cladded) Price Forecast suggests continued weakness into Q2 unless a supply correction or trade recovery occurs in China or Southeast Asia.
North America
• The Aluminium Wire (Copper Cladded) Price Index in North America declined significantly in Q1 2025, driven by an oversupplied market and macroeconomic instability.
• Weak demand from the automotive sector—a key downstream consumer—contributed heavily to falling prices, which persisted across both halves of the quarter.
• New tariffs and trade disruptions in Mexico amplified market volatility and triggered sharp price corrections.
• Seasonal effects and logistical disruptions further worsened market dynamics, adding pressure to the already fragile sentiment.
• The Aluminium Wire (Copper Cladded) Spot Price continued its downward trend due to slow offtakes and abundant material availability.
• The Aluminium Wire (Copper Cladded) Production Cost Trend remained stable to slightly downward, aided by cheaper imported raw materials, though this did little to lift market sentiment.
• Why did the price of Aluminium Wire (Copper Cladded) change in April 2025 in the US? Prices were low, as oversupply persisted and demand from automotive applications remained weak.
• The Aluminium Wire (Copper Cladded) Demand Outlook in Q2 remains subdued unless a revival in manufacturing or automotive sectors materializes.
• The Aluminium Wire (Copper Cladded) Price Forecast suggests a continuation of bearish trends unless inventory levels normalize and end-user demand strengthens.
Europe
• The Aluminium Wire (Copper Cladded) Price Index in Europe followed a downward path in Q1 2025, particularly in Germany, reflecting weak order volumes and increased supply.
• Demand slowed due to a decline in new manufacturing orders, affecting overall consumption across the region.
• A newly commissioned aluminium billet casting line in a neighboring country enhanced regional supply, adding to the market's imbalance.
• Globally lower alumina prices helped reduce input costs, which in turn placed additional downward pressure on final product pricing.
• Despite existing manufacturing sector constraints, increased raw material availability contributed to a continued decline in prices.
• The Aluminium Wire (Copper Cladded) Spot Price in Germany experienced the steepest drop mid-quarter as supply outpaced demand.
• The Aluminium Wire (Copper Cladded) Production Cost Trend showed a decreasing pattern, yet the cost advantage did not translate into improved margins due to pricing pressure.
• Why did the price of Aluminium Wire (Copper Cladded) change in Europe in April 2025? Prices were low, extending the previous trend due to persistent oversupply and lagging demand in industrial sectors.
• The Aluminium Wire (Copper Cladded) Demand Outlook remains muted, with recovery dependent on stabilization in European industrial activity.
• The Aluminium Wire (Copper Cladded) Price Forecast remains bearish for Q2 unless external demand or regional production cuts take effect.
