Domestic Copper Cathode Rod Producers' Operating Rate Up 3.2 Pts WoW, Set to Rise Further

Published: Nov 24, 2025 17:48

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[SMM Copper Express] The operating rate of major domestic copper cathode rod producers last week (November 14–20) was 70%, up 3.2 percentage points WoW. This was mainly due to the recovery in downstream purchasing sentiment driven by the pullback in copper prices during the week, although most orders were still placed at provisional prices with pricing to be determined later, and the overall increase in order volume remained steady. The operating rate is expected to rise by 2.66 percentage points WoW to 72.74% this week.

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