Tag: global copper supply tightness
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India: Copper scrap prices trend higher w-o-w despite drop in futures; imports reach 5-month high
Copper scrap prices firm on tight supply, strong demand CCR plants, smelters shift strategy amid rising cost Indian copper scrap prices showed an uptrend this week, despite diverging trends prevailing on the London Metal Exchange (LME) platform. Copper armature scrap was assessed at INR 805,000/tonne (t) ex-Delhi, while motors mix was stable w-o-w at $1,160/t.…