SteelMint

Tag: Copper arm scrap remain steady

  • India: Copper armature scrap prices largely stable d-o-d

    India: Copper armature scrap prices largely stable d-o-d

    —

    by

    Tarun Naidu
    in

    Copper armature scrap prices in the Indian domestic market were stable d-o-d at INR 708,000/t ($8,671/t) ex-Delhi today. On a w-o-w basis, prices increased by 3.3%. Also, prices of primary and secondary wire rods remained stable d-o-d amid strong LME futures. Near-term prices of copper products are expected to continue to remain stable, SteelMint notes.