BigMint’s assessment of domestic copper armature scrap prices stood at INR 810,000/t exy-Delhi, firm d-o-d. Notably, copper prices on the London Metal Exchange (LME) have fallen to $9,972/t. Armature scrap was traded at INR 800,000/t ex-Ahmedabad and Poland alternator starters are offered at $2,050/t CIF Mundra. Copper mix motors from the US are offered at $1,300/t CIF Mundra.
