Copper Cathode Rod Operations Rebound to 62.47%, Expected to Rise Further Next Week

Published: Mar 6, 2026 13:49
【SMM Copper Cathode Rod Flash】Domestic copper cathode rod enterprises basically fully resumed operations, with this week’s operating rate at 62.47%, a sharp rebound WoW. After copper prices pulled back, as substitution by secondary copper rod weakened and downstream cable and enamelled wire sectors conducted concentrated restocking, orders increased significantly and inventory drawdowns accelerated. The operating rate was expected to further rise to 70.46% next week.

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【SMM Copper Cathode Rod Flash】Domestic copper cathode rod enterprises - Shanghai Metals Market (SMM)