Tag: copper market India today
-

India: Copper scrap prices inch up w-o-w amid tight supply, steady buying
Supply crunch in premium grades outweighs weaker LME prices Container shortages, Far East demand limit material inflows Copper scrap prices in India rose slightly w-o-w on 29 April, despite weaker London Metal Exchange (LME) prices, which stood at around $13,037/t, down by $194/t from last week’s $13,231/t. The decline in global prices had limited pass-through…