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This week's bronze bar operating rate fluctuated within a narrow range.
This week (3.20-3.26), the operating rate in China’s brass rod industry stood at 54.39%, up slightly by 0.26 percentage points month over month. The industry overall maintained a mild trend. Downstream orders showed divergence: demand in the refrigeration valve fittings sector remained steady and improved, becoming the core driver supporting enterprise production scheduling. Orders in general-purpose segments such as traditional hardware and plumbing were relatively stable. Companies mainly focused on executing prior contracts, with a cautious pace for taking on new orders. (Shanghai Metals Market)