The substitution effect in the copper billet market is becoming increasingly evident.

Published: Jun 9, 2026 16:01
[SMM Brass Billet Express] End-use demand remains persistently weak, and the market substitution effect is becoming increasingly evident. In the current end-use market, traditional copper billet demand continues to shrink. To control costs and align with market requirements, a growing number of downstream clients are progressively transitioning to substitute materials such as stainless steel and plastics for copper products, directly diverting a significant volume of copper billet orders.

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
[SMM Brass Billet Express] End-use demand remains persistently weak, a - Shanghai Metals Market (SMM)