Tag: copper scrap arbitrage
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India: Copper scrap prices inch up w-o-w; buyers cautious as LME touches near $11,000/t
Indian buyers resist high import offers despite firm CCR demand QCO withdrawal offers short-term relief to domestic market Imported copper scrap prices in India inched up w-o-w on 28 November, tracking positive movements in London Metal Exchange (LME) futures. Domestic copper scrap prices also edged higher amid steady market sentiment throughout the week. Market activity…