The operating rate of SMM China copper anode enterprises in February 2026 was 38.10%, down 21.49 percentage points MoM
[SMM Copper Anode] Affected by the Chinese New Year, the operating rate of SMM China copper anode enterprises in February 2026 was 38.10%, down 21.49 percentage points MoM. By raw material, the operating rate of ore-derived copper anode enterprises was 71.51%, down 1.73 percentage points MoM; the operating rate of copper anode producers using scrap fell 30.7 percentage points MoM to 22.52%. (Only refers to the non-captive-use portion of copper anodes)