Tag: copper demand growth India
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India: Imported copper scrap prices rise w-o-w; LME futures supported by Fed rate cut, tight inventories
LME copper hits record $11,200/t on supply strain India’s copper demand up 9.3% in FY’25: ICA India Imported copper scrap prices in India rose w-o-w, tracking gains in London Metal Exchange (LME) futures. Meanwhile, domestic copper scrap prices edged higher amid muted demand and limited activity, as the market continued to recover from the post-festive…