SMM

According to SMM, last week (January 22nd - January 25th), the operating rate of recycled copper rod is 41.9% (research samples: 15, capacity 1.63 million tons/year) down 2.68 percentage points compared with last week. This week, the average price difference between fine and waste rod 703 yuan / ton, last week, the average price difference between fine and waste rod 752 yuan / ton, down 49 yuan / ton.