Copper armature scrap prices in Delhi are assessed at INR 707,000/t, while primary copper rods prices declined by 1.5% to INR 785,000/t exw amid drop in LME copper futures to $8,827/t from around $9,000/t last week. Sellers are cautious due to price volatility and have adopted a wait-and-see approach, although there are no concerns about scrap availability at the moment.
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