Industrial metals are experiencing headwinds as a result of weakening global demand. Economic slowdowns in major regions, particularly in Europe and Asia, are impacting consumption and putting downward pressure on prices.

Factors Contributing to the Decline

• Economic Slowdown: Reduced industrial activity in key economies.
• Decreased Construction: Lower demand from the construction sector.
• Inventory Buildup: Increased stockpiles are further depressing prices.

Market Outlook

Analysts are closely monitoring market trends for signs of potential stabilization. However, the near-term outlook remains uncertain, with continued volatility expected.

Investors are advised to exercise caution and carefully assess risk factors before making investment decisions in the industrial metals sector.