Tag: copper price analysis
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India: Copper prices move up w-o-w as LME futures rally
New production facilities in India boost domestic demand Global scrap prices rise amid improved demand from China India’s domestic copper scrap prices headed north this week. Copper armature scrap was assessed at INR 795,000/tonne (t) ex-Delhi, up 1.5% w-o-w, while motors mix tags moved up w-o-w to $1,200/t. This followed a rise of $320/t w-o-w…