BigMint’s assessment of domestic copper armature scrap prices stands at INR 810,000/t exy-Delhi, falling 3% d-o-d. Notably, copper prices on the London Metal Exchange (LME) have fallen after hitting a 2-year high level at $10,419/t. Secondary rods prices were heard at INR 865,000/t, with an imported deal of copper motors mix (EU-origin) heard concluded at $1,290/t CIF Mundra recently.
