SHANGHAI, Aug. 7 (SMM) – The average operating rate at domestic copper rod producers will fall to 68.38% in August, SMM predicts based on the latest survey.
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About 68% of those surveyed expect orders to hold flat at July in August. Orders at large plants may stabilize, with output steady.
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Some 12% see orders improving in August after the closure at one south China-based copper rod producer.
About 20% expect orders to fall in August.
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