Tag: copper armature scrap rates
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India: Copper scrap prices fall w-o-w as futures drop post hitting 3-month high
Steady inquiries for higher grades boost domestic market US’s 50% copper import tariff poses indirect risks for India Indian copper scrap prices moved down w-o-w, amid a drop in London Metal Exchange (LME) futures. Copper armature scrap was assessed at INR 811,000/tonne (t) ex-Delhi, down by INR 9,000/t w-o-w, while motors mix stood at $1,150/t,…