Indian domestic copper prices moved down d-o-d following a 0.41% decrease in LME futures ($8,927/t). Armature scrap prices stood at INR 714,000/t exy-Delhi and secondary wire rod prices at INR 760,000/t exw-Delhi. Prices are expected to remain range-bound in the short-term. However, the market may pick up only in April, the start of the next financial year.
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