In light of the rising prices of copper, lead, and many other metals, industrialists are turning to alternative raw materials, namely plastics.
Construction companies using plastic pipes will save significantly compared to traditional copper pipes.
Electronic device manufacturers can also replace copper cores with plastic cores or other cheaper metals like aluminum.
Market analysts in the global metals sector emphasize that the use of cheaper materials to replace high-priced metals will lead to significant changes in the global commodity market, particularly a slowdown in the rate of metal price increases. The introduction of plastic pipes to the market has already reduced the consumption demand for 250,000 tons of copper worldwide in 2005, accounting for 1% of the total annual copper consumption globally.
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