Market Consumption Suppressed, Tepid Buying Interest; Copper Prices Show Resilience Amid High-Level Fluctuations [SMM Morning Comment on Copper]
- feb 20, 2025, at 8:42 am
[Market Consumption Suppressed, Buying Interest Sluggish, Copper Prices Show Resilience Amid High Volatility]
Macro side, the US Fed's January meeting minutes revealed that several participants suggested it might be appropriate to pause or slow balance sheet reduction until the debt ceiling issue is resolved. Additionally, Trump warned Zelensky to make a swift decision on peace talks, or he "will lose his country." Meanwhile, after Trump announced a roughly 25% tariff on cars and chips, the EU trade commissioner stated readiness to discuss reducing car tariffs with the US. Market uncertainty persists, and copper prices have risen.
- ARTÍCULO ANTERIORhace 10 meses
[SMM Steel Market Morning News] From February 1 to 16, retail sales in the passenger car market grew 11% YoY compared to February of last year, while declining 28% MoM.
- SIGUIENTE ARTICULOhace 10 meses
US Dollar Index Strengthens, LME Zinc Jumps Initially and Then Pulls Back [SMM Morning Meeting Summary]



