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One of the key advantages of using black annealed wire in binding and packaging is its cost-effectiveness. Compared to other binding materials, such as plastic straps or adhesive tapes, black annealed wire is relatively inexpensive and can be used repeatedly, making it a budget-friendly option for businesses. Additionally, its durability ensures that it can withstand the stresses of handling and transportation, providing reliable performance over extended periods. This reliability is crucial for industries that require secure packaging to prevent losses and damages during shipping.