Raw material shortage hits wire and cable supplies

5/7/2021: Steel and copper wire makers are facing shortages of raw materials that have already resulted in higher prices and manufacturing slowdowns. Covid-19 shutdowns, growing demand, lack of investment, lack of discovery of new deposits, truck driver shortage, strikes, delays at U.S. ports of entry, and supply chain disruptions have all contributed to the problem. Shortages […]

Wire and cable industries should benefit from Biden’s infrastructure plan

5/7/2021:  Whatever your political affiliation, President Biden’s American Jobs Plan infrastructure investment plan should be welcome news for many wire and cable companies. The American Jobs Plan infrastructure investment plan promises big expansion in broadband internet and clean energy. The plan calls for $100 billion to bring more affordable and reliable high-speed broadband internet, or wireless […]

Copper and silver price increases bode well for economic recovery

4/9/2021: Wire buyers, manufacturers and investors who are planning for the upcoming year should see price spikes in wire and cable, specifically copper and silver, which is a healthy sign for the U.S. economy. After the Covid-19 manufacturing slump, companies continue to ramp up. The pent-up demand for wire and cable reflects what should be […]