India: Copper scrap prices move higher

  • Domestic copper armature scrap prices rose today to INR 721,000/t ($9,299/t), an increase of INR 6,000/t ($77/t) from the last trading session, while copper secondary CC wire rods are assessed at INR 773,000/t ($9,970/t).
  • The LME copper cash price us at $9,545/t today, up 1.73% as against 27 May.
  • Sources said that prices were edging higher owing to the rise in LME cash prices.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *