Tag: Indian downstream copper demand
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India: Imported copper scrap prices fall w-o-w; demand muted after festive break
Declining LME stocks prevent sharper price correction Buyers restrict activity amid limited spot negotiations Imported copper scrap prices in India declined w-o-w tracking declines on London Metal Exchange (LME) futures. Parallelly, domestic copper scrap prices edged down amid muted demand and limited activity as the market continued to recover from the post-festive lull. According to…