BigMint’s assessment of domestic copper armature scrap prices edged up to INR 763,000/t exy-Delhi. Meanwhile, copper prices on the London Metal Exchange (LME) have moved up by $60-70/t to $9,670/t. Secondary copper rods prices were assessed at INR 815,000/t, up 1.2%. Offers of imported US copper motors mix were at $1,200-1,250/t CFR Mundra. However, bids are up to $50/t lower.
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