Operating Rates of Brass Billet Producers Continued to Rebound, While Pulling-Back Copper Prices Disrupted New Orders [SMM Brass Billet Market Weekly Review]
AI Briefing
- Brass billet prices rose due to rebounding demand from the automotive and construction sectors.
- Copper prices fell, leading to a decline in new orders for brass billet producers.
- The SMM copper price index fell 2.3% to a 14-month low of 81,100 yuan per ton
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