Tag: US trade policy oil impact
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LME base metals prices remain range-bound d-o-d; India’s copper scrap imports jump 46% y-o-y
India’s copper cathode imports surge y-o-y in Apr’25 Restocking, tight domestic supply lift India’s scrap imports Base metals prices on the London Metal Exchange (LME) remained range-bound d-o-d, with zinc increasing by 1.44% to $2,657/tonne (t). Meanwhile, inventories at LME-registered warehouses dropped d-o-d, with copper recording the steepest fall of 1.63%. In other developments, India’s…