Author: Drishya Yadav
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Copper prices fall to the lowest since Nov’20
Benchmark LME copper prices have fallen to $7,325/t levels yesterday, the lowest since late-Nov’20. While copper prices peaked in March, muted demand from China triggered the beginning of the price downtrend and spike in Covid cases added to its losses. SteelMint’s copper armature scrap prices fell 3% w-o-w INR 285,000/t exw-Delhi, while primary and secondary…