From the market research, copper scraps prices in Tianjin market hold stabilized on Friday (August 24).

Recently, some copper fabricators are more willing to bring in some scraps as price gap between cathode and scrap materials widens further. The local market trades are improved today.

At the moment of this writing, #1 Bare Bright in Tianjin market deals around 50,600-50,800 yuan/ton today. And #1 Copper around 49,900-50,100 yuan/ton. (Source: Lingtong Metal Information)