India: Copper prices continue to downtrend d-o-d

BigMint’s assessment of domestic copper armature scrap prices stood at INR 758,000/t exy-Delhi, down by 0.7% d-o-d. Meanwhile, copper prices on the London Metal Exchange (LME) remained range-bound at $9,540/t. Secondary rods prices were heard at INR 802,000/t, down 1%. The market remained slow, with imported offers of US for meatball heard at $1,860/t for Vizag and Germany to Poland levels heard at $1,900/t.


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