Tag: comex lme copper spread

India: Copper scrap prices stay range-bound w-o-w despite drop in futures

Jul 4, 2025

—

by

Aditi Sen

in Copper, Non Ferrous

Monsoon slows down Indian demand, keeps volumes low Copper hovers at $10,005/t on supply fears, US tariff risk Indian copper scrap prices moved in a narrow range w-o-w, despite a drop in London Metal Exchange (LME) futures. Copper armature scrap was assessed at INR 819,000/tonne (t) ex-Delhi, down by INR 1,000/t w-o-w, while motors mix…