Copper Wire and Cable Operating Rate Rises to 66.59%, Driven by Power Grid Deliveries and Slight Price Correction

Published: Mar 13, 2026 14:31

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[SMM Copper Express] This week, the operating rate of SMM copper wire and cable enterprises was 66.59, up 5.69 percentage points MoM. The operating rate steadily rebounded this week, mainly due to a slight correction in copper prices that drove order release, coupled with support from concentrated power grid deliveries, though the current pace of order recovery was still weaker than in the same period last year. SMM expects the operating rate of copper wire and cable enterprises next week to increase by 3.45 percentage points MoM to 70.04, down 4.49 percentage points YoY.

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.

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