Tag: #ShippingRisk
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India: US-Iran conflict raises logistics risks for copper scrap trade, freight costs climb
Shipping disruption lifts freight and insurance costs India’s scrap-dependent secondary sector faces supply risk Copper prices remain resilient despite geopolitical tensions Escalating geopolitical tensions around the Strait of Hormuz, a key maritime corridor connecting Gulf producers with Asian markets, are beginning to raise logistical risks for India’s copper trade flows, particularly for scrap imports used…