From the market research, copper scraps prices in Tianjin market hold steady on Thursday (December 6).

Shanghai copper futures remain rangebound recently, leaving the spot copper market participants operate with growing cautions. For now, the local supply available gets tighter and tighter, so the holders continue to get unwillingness to sell at current points.

At the moment of this writing, #1 Bare Bright in Tianjin market is quoted at 51,800-52,000 yuan/ton today. And #1 Copper around 51,100-51,300 yuan/ton. (Source: Lingtong Metal Information)