Wire and Cable Enterprises' Operating Rate Surges 33.17% MoM, Expected to Rise Further Next Week

Published: Mar 6, 2026 15:01

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[SMM Copper Flash] This week, the operating rate at major domestic wire and cable enterprises increased by 33.17 percentage points MoM to 60.90%. This was mainly because earlier power grid orders gradually entered the concentrated delivery date, prompting enterprises to speed up production and stockpiling. In addition, after the Lantern Festival, as end-users gradually resumed work, engineering and market orders were gradually released, providing some support for orders. SMM expected that next week the operating rate of wire and cable enterprises would further increase by 5.21 percentage points MoM to 66.1%.

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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