The Operating Rate of the Copper Plate/Sheet and Strip Industry in March Was Expected to Be 74.28%
In March, the operating rate of the copper plate/sheet and strip industry is expected to be 74.28%, up 32.31 percentage points MoM and up 5.15 percentage points YoY. According to SMM, enterprise orders recovered relatively well after the holiday; after the center of copper prices pulled back in early March, orders were released quickly, and end-use demand from power, home appliances, NEVs, electronics, and other sectors all showed improvement. Most enterprises hold optimistic expectations for post-holiday orders, with both orders and production schedules pointing to peak-season levels.