Tag: copper scrap demand outlook

  • India: Copper scrap prices trend higher w-o-w, demand remains need-based

    India: Copper scrap prices trend higher w-o-w, demand remains need-based

    Millberry scrap demand firm in domestic market Imported scrap activity subdued due to holidays  Domestic copper scrap prices in India moved higher w-o-w on 1 January, tracking record-high London Metal Exchange (LME) copper futures, with firm demand seen for Millberry scrap. However, the rally remained largely LME-driven, as physical buying stayed cautious, with most participants…