Indian copper prices rise as LME edges up

Domestic copper armature scrap prices edged up to INR 740,000/t exy-Delhi. Meanwhile, copper prices on the LME rose by 1% to $9,380/t d-o-d. Secondary copper rod prices were at INR 792,000/t with few trades heard. In the imported segment, copper motor mix offers from the USA were at $1,150-1,200/t; however, deals were heard at $1,160/t levels concluded to the west coast, India.


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