Copper scraps prices in Tianjin market hover at yesterday’s levels on Tuesday (December 18), according to market research.

For now, a lot of local buyers are still inclined to make a hand-to-mouth purchase. Most of them choose to restore some scraps when the prices get a slight correction. As for the suppliers, they refuse to make any concession in their prices because of supply tightness.

At the moment of this writing, #1 Bare Bright in Tianjin market deals around 52,000-52,200 yuan/ton today. And #1 Copper around 51,300-51,500 yuan/ton. (Source: Lingtong Metal Information)