Concentrated Holidays Ahead of Chinese New Year, Brass Billet Operating Rate Pulls Back MoM [SMM Brass Billet Market Weekly Review]

Published: Feb 12, 2026 17:15

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This week (February 6–February 12), the operating rate of the brass billet industry decreased by 6.09 percentage points MoM to 40.31%, and production activity pulled back. As the Chinese New Year holiday approached, downstream new orders cooled significantly, and enterprise production pace continued to slow down. According to SMM, most brass billet enterprises began holidays successively between February 7 and February 12, while pre-holiday stockpiling efforts contracted compared to previous years. Looking ahead to next week, the industry is expected to fully enter holiday mode, with the operating rate projected to drop to 0%. Attention will subsequently focus on post-holiday work resumption and demand recovery.

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