Robust Backlog Orders Sustain High Operating Rates for Copper Plate/Sheet and Strip Enterprises

Published: May 15, 2026 17:59

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According to SMM, copper prices surged this week, significantly suppressing new order intake in the copper plate/sheet and strip industry. However, thanks to ample backlog orders accumulated in the earlier period, industry production demonstrated strong resilience. Demand orders from core downstream sectors such as power, new energy, and electronics remained generally stable, supporting full production schedules for most enterprises. As a result, the industry's operating rate continued to fluctuate at highs.

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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