India: Domestic copper prices rise following rebound in futures

Domestic copper armature scrap prices remained firm at INR 730,000/t exy-Delhi. Meanwhile, copper prices on the London Metal Exchange (LME) rebounded by 1.5% to $8,920/t d-o-d. Secondary copper rod prices were at INR 768,000/t. In the imported segment, UK brass honey was heard at 58.5%. Middle East brass honey was at 59-59.25% of LME prices.


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