Copper futures settled almost flat on Tuesday with expectations of more stimulus measures from the world’s top metals consumer China to cushion the economic impact of an escalating China-US trade war. Meanwhile, uncertainty over tariffs being imposed by US President Donald Trump and its impact on global growth has kept copper prices steady.
Copper futures for May delivery marginally rose $0.0005 to settle at $4.6260 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.25 percent at $9,164 a ton.