Tag: Far East copper scrap demand
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India: Copper scrap prices remain firm w-o-w amid tight inflows, strong overseas premiums
Domestic copper scrap prices inch up slightly Far East premiums divert cargoes from India Copper scrap prices in India inched up slightly w-o-w on 6 May, even as London Metal Exchange (LME) copper prices declined to around $12,970/t, down by $230/t from last week’s $13,200/t. Despite softer global prices, the Indian scrap market remained supported…