India: Domestic copper prices fall following continuous decline in futures

Domestic copper armature scrap prices remained firm at INR 722,000/t exy-Delhi. Meanwhile, copper prices on the London Metal Exchange (LME) fell by 1.40% to $8,800/t d-o-d. Secondary copper rod prices were at INR 764,000/t. In the imported segment, brass honey 2% from Australia was heard at 60.5% LME, UK brass honey was heard at 58.5%. Middle east brass honey was at 59% LME prices.


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