The operating rates of copper rod plants using copper scrap were 43.21% between May 27 and June 2, a surge of 4.17 percentage points from a week earlier, according to SMM survey of 15 plants with a capacity of 1.48 million mt/year).
The main reason for the recovery of the operating rate last week is that some copper scrap rod factories in the sample restarted production after shutdown.
Both supply and demand were weak last week.
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