Copper Wire and Cable Industry Gradually Resumes, End-Use Demand Expected to Rise Next Week

Published: Feb 27, 2026 10:35

Save

[SMM Copper Wire and Cable Update] After the holiday, domestic wire and cable enterprises have resumed work gradually but have not yet reached full production. The recovery in end-use consumption has been relatively slow, and enterprises are currently focusing on fulfilling pre-holiday orders, with a clear divergence in order structure—orders from State Grid and other power sectors provide strong support, while orders in the construction and communication sectors remain weak. According to SMM, end-use demand is expected to be gradually released next week, and the industry's operating rate is projected to rebound to nearly 60%.

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

36 mins ago

Trading Day of February Spot premiums/discounts operated at low levels [SMM North China spot copper]

In North China today, spot #1 copper cathode prices against the front-month contract were at a discount of 500-420 yuan/mt, with an average discount of 460 yuan/mt, unchanged from the previous trading day. Transaction prices ranged from 101,530-102,030 yuan/mt, with an average of 101,780 yuan/mt, down 210 yuan/mt from the previous trading day.

36 mins ago

38 mins ago

Downstream procurement volume continues to increase, inventory growth slows down, stimulating spot premiums to continuously rise [SMM South China Spot Copper]

38 mins ago

48 mins ago

High costs and low demand lead to weak expectations for the brass bar market

[SMM Brass Bar Update] The current brass bar market is in a phase of "high costs, low demand, and weak expectations." In the short term, as small and medium-sized enterprises gradually resume operations after the Lantern Festival, the operating rate is expected to slowly rebound. However, before copper prices show a significant pullback and end-use demand recovers substantially, the overall industry recovery still faces considerable pressure.

48 mins ago