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Copper rod plants using copper cathode faced increased pressure amid poor consumption
Apr 21,2021 15:17CST
SMM Insight
Source:SMM
Orders at copper rod companies using copper cathode as feedstock have been weak after the Qingming Festival holidays. Orders from enamelled wire producers decreased sharply as SHFE copper prices exceeded 68,000 yuan/mt market on Thursday. This together with weak demand from wires and cables has intensified pressure for copper rod plants.
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