Tag: India copper deficit
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India’s copper scrap imports jump 32% y-o-y in Apr-Aug;25, cathodes down 3%
Tariff cuts, QCO shifts accelerate India’s scrap pivot Domestic deficit of 0.45-0.55 mnt sustains import reliance Rising demand driving domestic smelting, processing capacity expansion Morning Brief: India’s copper trade in the first five months of FY’26 reflects a decisive shift toward scrap, underpinned by policy changes, higher global prices, and domestic supply gap. Scrap imports…