SMM Analysis: Limited Decline in Copper Prices, Regeneration Copper Rod Factories Still Unwilling to Purchase Excessive Regeneration Copper Raw Materials
According to SMM data research, this week (December 22-28), the operating rate of regeneration copper rod was 35.92% (surveyed enterprises: 15, capacity 1.48 million tons/year), a decrease of 3.28 percentage points from the previous week. The average price of refined waste rods this week was 1443 yuan/ton, and the average price of refined waste rods last week was 1265 yuan/ton, an increase of 178 yuan/ton compared to the previous week...

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