Copper Cathode Rod Producers See Lower Feb Operating Rate, Expected Rebound in March

Published: Mar 3, 2026 18:22

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【SMM Copper Cathode Rod Flash】 In February, the operating rate of copper cathode rod producers was 46.26%, pulling back both MoM and YoY, mainly due to the Chinese New Year break. As enterprises fully resumed work and production, coupled with a pullback in the center of copper prices, the market is relatively optimistic about expectations for subsequent orders; in addition, earlier finished product inventories have basically been depleted, and the operating rate in March is expected to rebound MoM.

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