April Copper Rod Operating Rate Growth Slows, Difficult to Break Bottleneck

Looking ahead to April, companies report that the current order activity has cooled somewhat compared with the early period after the Spring Festival, but the refrigeration sector still maintains certain support. Large enterprises will remain in an active production posture, continuously grabbing market share. SMM expects the operating rate in April to rise 1.47 percentage points month-on-month to reach 54.06%. (Shanghai Nonferrous Metals Network)

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