Tag: India: Copper scrap market stays firm as LME hits record high amid global stocks shrink

LME copper breaks above $14,200/t as exchange inventories plunge 12% DRC concentrate export ban adds fresh bullish thrust to copper market Domestic copper scrap prices in India remained firm during the week ended on 12 August, supported by a sharp rally in LME copper prices, a steep decline in global exchange inventories and continued tightness…