Copper

Copper prices have dropped after US President Donald Trump said he intended to impose customs on the metal, as well as aluminum and steel, which increased the fear of commercial wars and stimulated the dollar to achieve more profits. Trump promised customs duties in a speech in which he also threatened to impose fees on computer chips, semi -conductor and medicine, in an effort to improve local manufacturing. The Financial Times has reported separately that Treasury Secretary Scott is offended by the international customs duties on US imports to start from 2.5% and gradually increase people who did not reveal their identity. Read more: The Senate approves the appointment of Scott as Minister of the US Treasury. The spread of dislike to risk strengthened the dollar, which made the basic commodities in the currency more expensive for most buyers because it strengthened the possibility of commercial wars and claimed the basis of safe haven. Most prices of most minerals have fallen sharply on Monday with the spread of dislike for markets, due to the collapse in the shares of technology companies worldwide. Copper prices fell 0.2% to 9077 dollars per tonne on the London metal stock exchange from 09:12 in Shanghai, after falling 2% on Monday. Aluminum prices stabilized, zinc lost 0.1%, while the major iron ore used in the steel industry fell 0.3% to $ 103.35 per tonne in Singapore.