Tag: copper industry
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India: Copper prices remain rangebound w-o-w despite rising futures
Domestic copper armature prices were assessed at INR 788,000/tonne ex-Delhi, down 0.3% w-o-w, while copper motors mix scrap prices moved up w-o-w to $1,200/t following LME prices which rebounded to over $9,510/t levels, up $85/t w-o-w. Secondary continuously cast rods (CCR) (99.90%) were assessed at INR 840,000/t (ex-Delhi), reflecting a 0.6% weekly decrease. Meanwhile, primary…