March Copper futures fell as global industrial data softened

From youtube.com/cmegroup

March Copper futures retreated, falling 2.64% over three sessions as global industrial data pointed to a slowdown. Manufacturing metrics in China, Germany, and the Euro area missed expectations, weighing on the demand outlook for industrial metals. Additionally, the EU plan to replace its 2035 combustion engine ban with softer emissions targets could reduce the long-term need for copper in electric vehicles.