Tag: copper scrap trends May 2025

Indian copper scrap prices remained rangebound this week, following trends prevailing on the London Metal Exchange (LME) platform. Copper armature scrap was assessed at INR 788,000/tonne (t) ex-Delhi, while motors mix decreased by $20/t w-o-w to $1,150/t. LME futures were rangebound at $9,608/t compared with last week’s $9,610/t. Meanwhile, copper stocks at LME-registered warehouses stood at…