Copper Wire and Cable Operating Rate Falls to 68.48%, Expected to Decline Further Next Week

Published: Apr 10, 2026 14:08

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[SMM Copper Wire and Cable Weekly Operating Rate] This week, the SMM copper wire and cable enterprise operating rate was 68.48%, down 1.48 percentage points WoW and down 16.19 percentage points YoY. Copper prices fluctuated and rebounded during the week, suppressing new orders from downstream. Additionally, the concentrated delivery date in Q1 was largely over, the pace of power grid order delivery slowed down, and the execution of prior backlog orders was nearing completion. Enterprise production pace slowed slightly, leading to a marginal decline in the operating rate. The industry operating rate is expected to continue declining next week, and SMM expects the copper wire and cable operating rate to edge down 1.88 percentage points WoW to 66.59% next week.

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