NewsFlash / Copper / SMM Analysis: Copper Prices Rebound, Mixed Order Performance for Wire & Cable Enterprises
SMM Analysis: Copper Prices Rebound, Mixed Order Performance for Wire & Cable Enterprises
iconNov 22, 2024 10:34
Source:SMM
[SMM Analysis: Copper Prices Rebound This Week, Wire and Cable Enterprise Orders Show Mixed Performance] This week (11.15-11.21), the operating rate of SMM copper wire and cable enterprises was 90.3%, up 0.97 percentage points WoW, marking the fourth consecutive week of growth, but still slightly below the expected operating rate by 1.01 percentage points. This week, copper prices rebounded, leading to mixed performance in new orders and production among various wire and cable enterprises. Some end-use customers...

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