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Copper downstream consumption rebounded seasonally in March
Apr 15,2021 13:31CST
SMM Insight
According to SMM statistics, copper semis output in March stood at 1.84 million mt. The cumulative output from January to March was 4.49 million mt, an increase of 2.48% year-on-year due to a low base in the same period last year. Operating rates at copper semis producers stood at 73.03% in March, an increase of 20.73 percentage points from the previous month, compared to an expected rise of 3.65 percentage points, and an increase of 8.82 percentage points year on year.
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