SMM

SMM understood that some copper billet companies said that the orders showed a short-term upward trend after the Labour Day holidays, but soon returned to the normal level. It is expected that this increased orders will not increase the overall output in May. At present, most copper billet companies are worried about domestic and overseas demand. The third bank failure in the United States and the US debt ceiling issue have made the US financial market more volatile. US manufacturing companies are also under greater pressure due to high interest rates. Some companies went bankrupt and defaulted.