SMM Copper Wire and Cable Enterprises See 0.69% MoM Increase in Operating Rate to 60.15% This Week

Published: Feb 6, 2026 15:03

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[SMM Copper Express] The operating rate of SMM copper wire and cable enterprises was 60.15% this week, up 0.69 percentage points MoM. At the beginning of the week when copper prices fell by the limit, overall cargo pick-up volume performed well, and new orders also increased, supporting enterprises in maintaining stable production. Specifically, previously won orders from State Grid continued to be fulfilled, and equipment cable orders grew simultaneously, providing the main source of orders for the industry.

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