India to defend import curbs on copper in legal tussle with trade associations, sources say
India faces a legal challenge over import curbs on copper cathodes, with the government asserting sufficient domestic supply and suppliers. Trade associations claim the measures could create a monopoly, but the government insists imports were only temporarily reduced due to prior stockpiling. With copper demand expected to surge, the government anticipates Adani's new smelter will reduce reliance on imports.