Brass Rod Industry Operating Rate Declines Amid Weak Demand and Raw Material Shortage

Published: Mar 21, 2025 14:51

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According to SMM data, the operating rate of the brass rod industry this week was 59.13%, down 0.68% WoW. The decline in operating rates was mainly influenced by two factors: first, the recent significant rise in copper prices significantly suppressed downstream demand, with companies generally reporting a noticeable decrease in orders in the second half of the month compared to early March; second, the reduction in imported secondary copper raw material due to losses, leading to tight supply of raw materials. Under the dual pressure of weak demand and raw material shortage, the operating rate of the brass rod industry declined and may continue to face pressure in the short term.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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