- Indian domestic copper market saw a marginal rise in prices d-o-d today amid a 0.57% increase in LME futures. Armature scrap prices stand at INR 704,000/t exy-Delhi. Secondary rods prices were at INR 754,000/t ex-Delhi while primary copper rods prices remained firm.
- Demand for scrap has improved slightly in the local markets. However, sources believe that near-term prices may remain volatile.
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