Slow Resumption in the Brass Bar Market in February, Finished Product Inventories Slightly Under Pressure
[SMM Brass Bar Flash] In February, the brass bar market showed a pattern of “stagnation before the holiday and a slow recovery after the holiday.” Most enterprises suspended production at the beginning of the month. As of the end of February, some brass bar enterprises had still not resumed production, while downstream sectors such as valves and sanitary hardware also resumed operations slowly, with goods pick-up lagging, resulting in a slight buildup of finished product inventories at copper billet enterprises.