Tag: monsoon impact metals
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India: Copper scrap prices edge up w-o-w, imports rise 25% m-o-m
Pre-monsoon stockpiling boosts domestic demand Scrap inflows pick up on QCO compliance issues Indian copper scrap prices inched up w-o-w, as London Metal Exchange (LME) futures rose by a minor 3% w-o-w to $9,877/tonne (t), supported by persistent supply constraints and growing uncertainty over potential US import tariffs. However, futures remained lower than the three-month…