Base metals prices on the London Metal Exchange (LME) exhibited mostly negative trends, with nickel prices witnessing the highest decline of 3.11%. Meanwhile, metal stocks at LME-registered warehouses also trended downward. In India’s non-ferrous markets, domestic copper armature scrap was at INR 779,000/t ex-Delhi. Aluminium tense scrap remained stable, with ex-Delhi-NCR prices at INR 175,000/t and ex-Chennai at INR 176,000/t.
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