Brass Raw Material Supplies Remain Tight Amid Copper Price Influence

The current tight supply situation for recycled brass raw materials has not eased, according to SMM. Raw material prices remain elevated, mirroring copper prices. At sampled enterprises, days of raw material inventories stood at a low 3.49 days, with businesses remaining cautious about stockpiling.

This is despite the ongoing supply chain issues. The data suggests that the industry may not be adjusting to these challenges quickly enough. Raw material inventories have been at a low level for some time now, and this trend shows no signs of reversing.