Indian domestic copper scrap prices increased by INR 3,000/t d-o-d today amid supportive LME futures. Market participants, mostly scrap traders, are hopeful to see an uptrend in domestic prices in the near-term amid record low stocks at LME-registered warehouses. Armature scrap prices were recorded at INR 705,000-707,000/t exy-Delhi, excluding GST on 24 Jan’23.
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