India’s copper scrap imports from the US surged by 177% in H1 FY’26 at 57,257 t and 256% y-o-y in Q2, reaching 38,465 t, largely reflecting pre-tariff shipments rushed before the US imposed a 50% export duty on metal scrap in early August. Since most cargoes arriving in August-September were booked in advance, the impact of the duty may emerge in the next quarter.

Leave a Reply