Domestic copper armature scrap prices edged up, reaching INR 738,000/t exy-Delhi. Meanwhile, copper prices on the London Metal Exchange (LME) rebounded to $9,298/t d-o-d. Secondary copper rod prices were at INR 790,000/t with few trades heard. In the imported segment, there were brass honey 2% offers from Australia at 62% of LME. However, the local market seemed slow on account of Janmashtami.
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