Wire and Cable Operating Rates Continued to Pull Back This Week; Weak Demand to Keep Next Week's Operating Rates Trending Lower [SMM Wire and Cable Market Weekly Review]

This week (Aug 7-Aug 13), the SMM operating rate for copper wire and cable enterprises came in at 62.25%, down 1.4 percentage points WoW and down 7.05 percentage points YoY. During the week, copper prices stayed high, continuing to curb dow
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