Tag: Armature scrap
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Indian copper prices continue to rise d-o-d
Domestic copper prices rose by up to 1.3% today amid strong demand and bullish sentiments. Armature scrap touched INR 783,000/t and secondary rods, INR 830,000/t, ex-Delhi. LME 3-month futures were at $9,700/t, up 1.5% d-o-d, therefore domestic market aligned with futures. USA copper transformer (30%) was heard traded at $2600/t for 25 t CIF West…