Recently, the decline in copper prices has led to a simultaneous drop in copper billet prices, but brass billet companies have reported no significant rebound in orders. SMM believes that the price transmission to end-use demand has a time lag, making a rapid rebound unlikely in the short term. Additionally, downstream customers are exhibiting strong wait-and-see sentiment, with some bearish on the future market, leading to a slowdown in procurement and cautious market trading.