SMM China Copper Anode Operating Rate Rebounds to 47.14% in September

Published: Oct 10, 2026 18:24 (GMT+8)

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[SMM Copper Anode Flash] In September 2026, the operating rate of copper anode enterprises in China tracked by SMM was 47.14%, up 4.33 percentage points MoM. By raw material, the operating rate of ore-derived copper anode producers fell 6.48 percentage points MoM to 58.59%; as the price difference between primary metal and scrap widened, the operating rate of scrap-derived copper anode producers rose 8.74 percentage points MoM to 42.46%. (Only referring to the non-captive copper anode portion)

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