Tag: copper demand forecast
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India: Copper prices move up w-o-w on LME surge
Copper scrap prices in India headed north this week. Copper armature scrap was assessed at INR 824,000/tonne (t) ex-Delhi, up 2.23% w-o-w, while motors mix tags moved down w-o-w to $1,160/t, after touching over $1,200/t levels in the middle of the week. This followed a rise of $100/t w-o-w in London Metal Exchange (LME) futures…