Copper Price Drop Boosts Downstream Demand, Cathode Rod Orders Surge

Published: Mar 9, 2026 14:29

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【SMM Copper Cathode Rod Flash News】 Copper prices pulled back sharply in early trading today, effectively stimulating the concentrated release of rigid downstream demand. Coupled with the price difference between copper cathode and copper scrap remaining at a low level and the weakening substitution effect between refined and scrap copper, orders from downstream enterprises such as wire and cable and enamelled wire improved and restocking was concentrated, driving a surge in orders for copper cathode rod enterprises, with processing fees rising simultaneously.

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