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The fluctuation in the operating rate of secondary copper rod plants has intensified, with a shortage of raw materials and pressure from industry transformation coexisting
Jul 14, 2025 20:43
In June, the operating rate of secondary copper rod plants was 33.61%, higher than the expected 30.84%, up 3.69% MoM and down 8.44% YoY. The main theme surrounding secondary copper rod enterprises in June remained sales losses. According to SMM's statistical data from the gross profit theoretical model for secondary copper rod sales, secondary copper rod enterprises incurred an average sales loss of 410 yuan/mt in June, an increase of 165 yuan/mt MoM
![Semi-annual Market Review & Outlook for Copper Cathode Rod: How Cut-throat Competition in Processing Fees Beyond Expectations Shaped the Market [SMM Analysis]](https://imgqn.smm.cn/production/admin/votes/imagesiqWEj20240311161746.jpeg)
SMM Proudly Unveils Upcoming Launch of Revamped Non-Ferrous Metal Database
To better serve our customers and enhance the efficiency of the SMM database, we will optimize and adjust the existing classification of the non-ferrous database in June 2025. This adjustment will not involve any changes to the data.
May 29, 2025 09:59
Fewer Arrivals During Long-Term Contract Negotiations, Year-End Rush to Meet Deadlines Drives Weekly Destocking of Copper Cathode [SMM Copper Morning Comment Dec 17]
Overnight, LME copper opened at $9,053/mt, initially dipped to a low of $9,032/mt, and then climbed steadily to an intraday high of $9,109.5/mt.
Dec 17, 2024 09:22
SMM Labour Day Holiday Notice for News Updates and Weekly Reports
We would like to inform you that due to the upcoming Labour Day holiday, all of our news updates will be temporarily suspended during May 1-5 and all of our weekly reports for the Labour Day holiday week will also be temporarily cancelled.
Apr 28, 2024 09:06
SMM Notice of Spot Price Assessment and News Suspension during Chinese New Year's Eve and Chinese New Year Holidays | SMM Wishes Everyone a Prosperous and Joyful New Year!
Dear SMM Users,
As we approach the time to bid adieu to the old year and celebrate the Spring Festival, we adhere to the national statutory holidays and our policy of not issuing quotes on weekends.
Feb 9, 2024 15:15
Important Notice: Reports Distribution Adjustments during the Chinese New Year (From February 10 to February 18, 2024)
As the Chinese New Year approaches, we at Shanghai Metals Market extend our warmest wishes to you and your families. May this festive season bring you joy, prosperity, and success.
Feb 1, 2024 15:56
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