Tag: BigMint’s assessment of domestic copper
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India: Copper rods, scrap prices fall w-o-w as LME hits 4-month low
BigMint’s assessment of domestic copper armature prices have been reported at INR 720,000/t, exy-Delhi, falling w-o-w, reflecting a decrease of 3.2%. Notably copper prices in the futures market of London Metal Exchange (LME) have hit 4-month low levels i.e. down to $8,750/t levels recently. Prices of secondary CCR rods (99%) were at INR 764,000/t ex…