Average Operating Rate of Key Copper Rod Producers Using Copper Cathode Rose Last Week

Published: Aug 7, 2023 16:33

Source: SMM

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The average operating rate of key copper rod producers using copper cathode was around 64.92% last week (July 29-August 3), a rise of 5.19 percentage points from the previous week.

Last week, copper rod plants using copper cathode resumed normal production after output cuts. High copper prices significantly inhibited downstream consumption.

On the whole, orders fluctuated with copper prices last week, and the overall demand did not change much.

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