SMM

Last week, LME lead opened at $2,163/mt. At the beginning of the week, the US dollar strengthened due to expectations of Fed interest rate hikes, and LME lead dropped to $2,097/mt. In the second half of the week, LME lead edged up on stable market sentiment, rising to $2,171.5/mt during European trading hours last Friday, an increase of about 0.91% within the week.