Base metals prices on the London Metal Exchange (LME) moved south, with lead prices witnessing the highest drop of 1.28%. Meanwhile, metal stocks at LME-registered warehouses also showed outflows barring nickel which gained 2%. In India’s non-ferrous markets, domestic copper armature scrap was at INR 748,000/t ex-Delhi. Aluminium tense scrap remained stable, with ex-Delhi-NCR prices at INR 172,000/t and ex-Chennai at INR 173,000/t.
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