Author: Drishya Yadav
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India: Domestic, imported copper prices rise w-o-w following futures upswing
Domestic copper armature prices were assessed at INR 744,000/tonne ($8,950/t) ex-Delhi, an increase of 2.1% w-o-w. Copper futures on the London Metal Exchange (LME) recently hit a two-month high, rising to $9,550/t, reaching levels last seen in July. Prices of secondary continuous casting rods (CCR) (99.90%) were at INR 794,000/t ($9,550/t) ex-Delhi, rising slightly by…