SMM Lead Morning Meeting: Post-Holiday Supply-Demand Rise Expected; Trump Tariffs Impact Market Volatility

Published: Feb 11, 2025 09:00

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[SMM Lead Morning Meeting Summary: Post-Holiday Lead Market Supply and Demand Expected to Increase, Short-Term May Fluctuate Upward] Trump signed an executive order imposing a 25% tariff on all steel and aluminum imports to the U.S. Recently, SHFE lead has been fluctuating upward, while the spot market, as downstream enterprises have not fully resumed operations, allows those that have restarted production to continue consuming pre-holiday lead ingot inventories...

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