Tag: India: Copper market stays firm despite marginal price correction

Firm overseas scrap payabilities keep import costs elevated. LME copper slips 1% w-o-w, limiting domestic price declines. Copper cathode and scrap prices in India declined marginally w-o-w on 30 July 2026, tracking a modest correction in LME copper prices. However, the downside remained limited as tightening global inventories and continued concerns over mine supply supported…