India: Copper armature scrap prices largely stable d-o-d

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Copper armature scrap prices in the Indian domestic market were stable d-o-d at INR 708,000/t ($8,671/t) ex-Delhi today. On a w-o-w basis, prices increased by 3.3%.
Also, prices of primary and secondary wire rods remained stable d-o-d amid strong LME futures.
Near-term prices of copper products are expected to continue to remain stable, SteelMint notes.

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