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SMM Cu Survey: Operating Rates at Copper Rod Producers Down Slightly to 72% in November
Nov 30,2011 13:05CST
smm insight
Source:SMM
SMM's latest survey showed that the average operating rate at copper rod producers fell slightly to 72% in November.

SHANGHAI, Nov. 30 (SMM) –SMM's latest survey showed that the average operating rate at copper rod producers fell slightly to 72% in November. Operating rates for November at large copper rod producers recorded some sliding over the prior month, down by about 2%. Surveyed producers confirmed to SMM that, as uncertainty and risks from recent copper prices accumulate, orders from end-users have declined. Moreover, faltering economies in the US and Europe have hit exports by hardware and sanitary fixture producers as well as other end-users of copper rod. Nevertheless, SMM believes operating rates at copper rod producers should hold stable in December.
 

operating rates; copper rod producers

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