Запасы сырья Brass Billet Enterprises по-прежнему остаются низкими

[SMM News] The European region became the biggest highlight for copper scrap imports this month, with supply from multiple countries surging. Imports from Spain were 11,900 mt in physical content, up 110.05% YoY; imports from the UK were 10,600 mt in physical content, up 15.00% YoY; and imports from Canada were 9,800 mt in physical content, up 56.27% YoY. The substantial increase in supply from Europe effectively supplemented China's raw material supply.

[SMM Copper Cathode Rod News Flash] After copper prices stabilized, downstream bearish sentiment emerged again, and the growth rate of new orders for copper cathode rod slowed down. Some enterprises had originally planned to conduct maintenance this week, but affected by order recovery, they postponed maintenance to next week, and the operating rate of China copper cathode rod enterprises is expected to pull back 1.24 percentage points MoM next week.

[SMM Copper Cathode Rod News] During the copper price correction, copper cathode rod enterprises carried out essential restocking of raw materials, with raw material inventories up MoM. Downstream clients actively fixed prices and picked up goods to seize the price window, leading to a reduction in finished product inventories, which fell MoM.