Brass Billet Industry Operating Rate Steadily Rebounded

Published: Mar 13, 2026 14:27

Save

This week (3.6-3.12), the operating rate of China's brass billet industry rebounded 8.72 percentage points WoW to 51.95%, with a notably faster pace of work resumption. Enterprise orders generally improved, with Ningbo standing out and production schedules remaining relatively full; downstream hardware, plumbing, and other sectors actively resumed work, demand from the refrigeration sector stayed steady, and copper prices pulling back to below 100,000 yuan/mt drove the release of some purchase orders.

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

13 mins ago

SHFE Copper Warrants See Largest Daily Drop in 2026, Prices and Inventories Decline

[SMM SHFE Copper Flash News] According to the SHFE warrant daily report, copper futures warrants decreased by 11,264 mt during the day, the largest daily decline so far in 2026. Among them, Shanghai fell by 4,750 mt, breaking the previous trend of लगातार increases; Guangdong fell by 447 mt; Jiangsu fell by 5,867 mt; and Zhejiang fell by 200 mt. As copper prices declined during the week, downstream restocking demand emerged, copper cathode social inventories had already begun a slight destocking, and Shanghai spot copper also shifted from discounts to premiums.

13 mins ago

20 mins ago

Data: SHFE, DCE market movement (Mar 13)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 13 Mar , 2026

20 mins ago

1 hour ago

Geopolitical Tensions Remained Unabated During the Week, and Copper Prices Fluctuated Within a Narrow Range in the Short Term [SMM Macro Weekly Review]

1 hour ago