Copper armature scrap prices in Delhi decreased today to INR 692,000/t exy. Primary copper rods prices fell by 1.9% to INR 785,000/t on declining transactions in the domestc market. Also, LME futures fell sharply by $425/t w-o-w to $8,716/t that weighed on local prices. Sellers are trying to restrain their offers for the time being, while demand, especially for scrap, is increasing.
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