Indian copper prices have dropped d-o-d today even as futures showed a recovery and settled at $8,670/t. Armature scrap prices stood at INR 695,000/t exy-Delhi and secondary wire rods prices were at INR 745,000/t exw. Owing to volatile global sentiments, there is a slight selling pressure for finished products and buyers have also halted regular procurement activity, informed trade sources.
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