Tag: copper scrap price update
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India: Copper scrap prices range-bound w-o-w; LME futures inch up
Domestic copper armature scrap prices were range-bound w-o-w but increased d-o-d to INR 794,000/t exy-Delhi. Secondary CCR rods were at INR 848,000/t exw-Delhi, up INR 4,000/t. US copper motors mix was heard traded at $1,170-1,190/t CIF Mundra. Additionally, Australian high-grade copper druid scrap was heard traded at 93.5% CIF Chennai. At the time of reporting,…