Prysmian wants to avoid price war

Weaker orders and the prospect of a large volume of unused capacity has struck the cable industry, and this has also created a risk of an intensified price squeeze on the cable market.

Photo: Prysmian

Italian cable supplier Prysmian has thus far not experienced major difficulties in utilizing full capacity at its facilities, and the company is hoping that challenges in the industry will not unleash a price war.

This is the announcement from the COO of Prysmian's business area for subsea cables (Powerlink), Raul Gil, in an interview with Danish media bureau Ritzau Finans.

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