Author: Drishya Yadav
-

India: Copper rods, scrap prices rise w-o-w as LME rebounds from 4-month lows
Domestic copper armature prices are assessed at INR 737,000/t exy-Delhi, reflecting an increase of 1.5% w-o-w. Notably, copper futures on the London Metal Exchange (LME) have hit a 4-month low having tumbled to $8,750/t recently, although prices rebounded 3% w-o-w to $9,150/t today. Prices of secondary CCR rods (99%) were at INR 783,000/t ex Delhi,…