BigMint’s assessment of domestic copper armature scrap prices stands at INR 820,000/t exy-Delhi, falling 1.6% d-o-d. Notably, copper prices on the London Metal Exchange (LME) have fallen to $10,250/t. Secondary rods prices were heard at INR 872,000/t, with an imported offer for copper motors mix (EU-origin) heard at $1,270-1,300/t CIF Mundra recently.
