Tag: Chinese copper smelters

India: Copper prices decline w-o-w tracking LME price movements

Feb 28, 2025

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by

Manya Dewangan

in Copper, Non Ferrous

Glencore, Trafigura focus on US shipments. Copper shifted from China to US market. Domestic copper armature scrap prices were assessed at INR 784,000/tonne (t) ex-Delhi, down INR 4,000/t w-o-w, while copper motors mix scrap prices dropped slightly w-o-w to $1,180/t following the drop in LME prices to $9,336/t levels, down $175/t w-o-w. Meanwhile, secondary continuously…