Tag: Japan smelter output cut

India’s copper scrap demand stays resilient Japan’s smelters face margin squeeze, plan output cuts Imported copper scrap prices in India registered a modest w-o-w gain, despite a 1.24% drop in LME copper futures to $9,676/tonne. The LME downturn was driven by persistent supply constraints and continued uncertainty surrounding potential US import tariffs. LME futures also…