Copper armature scrap and secondary copper rods prices in Delhi were range-bound today at INR 695,000/t exy and INR 747,000/t exw, respectively. However, primary rods prices increased 0.3% to INR 790,000/t on healthy demand despite a fall in LME futures by 1.3% to $8,904/t in today’s session. Buyers are actively booking primary rods as they are positive about a price hike in the near term.
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