This week's refined copper rod operating rate increased, and it is expected to continue rising next week.

2026-04-12 09:44:51

This week, the industry utilization rate of refined copper rod enterprises increased by 10.45 percentage points month-on-month. The decline in copper prices has driven an increase in orders, prompting companies to accelerate production. Downstream cable and enamel wire production have steadily rebounded. It is expected that next week, companies will continue to increase production to replenish inventories, with downstream orders remaining stable. SMM forecasts the utilization rate will increase by 6.27 percentage points month-on-month to 79.19%. (SMM)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.