Copper Wire and Cable SMM Operating Rate Rises to 70.38%, Orders Stabilize Amid Price Declines

Published: Jun 26, 2026 23:17

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The SMM operating rate of copper wire and cable enterprises recorded 70.38% this week, up 1.11 percentage points WoW and up 0.2 percentage points YoY. The decline in copper prices during the week slightly stimulated new orders, but end-users generally waited for lower purchase prices, with strong wait-and-see sentiment, limiting the boost from price declines on orders.

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