Author: Drishya Yadav
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India: Copper prices continue to rise w-o-w following LME gains
Domestic copper armature prices were assessed at INR 761,000/tonne ex-Delhi, up 1.7% w-o-w, while copper motors mix scrap prices moved up w-o-w to $1,150/t following LME prices which rebounded to over $9,300/t levels, up $140/t w-o-w. Secondary continuously cast rods (CCR) (99.90%) were assessed at INR 808,000 per tonne (ex-Delhi), reflecting a 0.7% weekly increase.…