Tag: India copper scrap growth
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India: Copper scrap imports surge in CY’25 on zero customs duty, cathode shortages. What lies ahead in CY’26?
US emerges as largest supplier, imports rise by 179% y-o-y Improved processing capacity supports scrap consumption India’s copper scrap imports surged 38% y-o-y in CY’25 to 440,668 tonnes (t) from 319,415 t in CY’24, reflecting a sharp rise in reliance on secondary raw materials. The growth was supported by competitive pricing, persistent domestic supply gaps,…