Copper Billet Industry Production Expected to Remain Under Pressure at Low Levels

Published: Jul 3, 2026 14:49

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[SMM Copper Billet Flash] Currently, the traditional off-season bearish factors still dominate the market. The downstream brass sector lacks concentrated stockpiling benefits, and end-user wait-and-see sentiment is re-emerging. Combined with high raw material prices continuously constraining enterprises' production flexibility, SMM expects the operating rate of the brass billet industry to pull back 0.65 percentage points WoW to 50.15% next week. Industry production will remain under pressure at low levels, with no trend improvement in the short term.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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