In this week's metals market report, key metals show mixed performance amid growing geopolitical tensions and supply challenges. China's steel demand is forecasted to decline 1.5% in 2025, while copper faces a projected deficit of 848,000 mt, signaling potential supply constraints ahead.
Key Metal Prices
Metal |
Current Price |
Monthly Change |
Tin |
$30,390/ton |
+1.6%
|
Lead |
$1,968/ton |
-3.5%Dec = $1.13 |
Copper |
$4.3085/lb |
+0.2%Dec = $4.07 |
Silver |
$30.82/oz |
-1.6%Dec = $484.60 |
Solder Materials Market
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Current market size: $4.6 billion (2022 valuation)
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Projected CAGR: 4.5% (2023-2032)
Notable Market Developments
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President-elect Trump's proposed tariffs creating market uncertainty
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Ongoing US-China trade tensions impacting metal prices and trade flows
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Accelerating deglobalization and protectionism shaping market dynamics
HRC Price Trend
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Current US HRC price: $700/st
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Monthly change: December: $720/st January: $700/st (-2.8%)
China Market Indicator
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China's steel demand forecast to fall by 1.5% year-over-year in 2025
Supply/Demand Highlight
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Copper faces tight supply, with a projected deficit of 848,000 mt in 2025
Market Outlook
The metals market continues to navigate complex geopolitical tensions and shifting demand patterns. Tin and copper show positive trends, while lead and silver face declines. These factors may impact solder material prices and availability in the short term.
