Tag: China copper scrap spreads
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India: Copper scrap prices continue downtrend as LME futures ease from 3-month high
Monsoon dampens trade momentum this week Global markets remain firm amid tight supply Indian copper scrap prices moved down further w-o-w, as London Metal Exchange (LME) futures remained lower than the three-month high of $10,005/t recorded on 3 July. Copper armature scrap was assessed at INR 797,000/tonne (t) ex-Delhi, down by 1.6% w-o-w, while motors…