due to consumers turning to electric or hybrid vehicles, the wire and cable market in the North American automotive sector has seen moderate growth.
The global electric car cable market will grow at a CAGR of 26.9% by 2026, and market demand is expected to increase by $9.2 billion during this period.
Macro factors may put pressure on non-ferrous metals including copper.the price is still difficult to break the shock range in the short term