Tag: downstream industries
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India: Copper prices continue to rise w-o-w following LME gains
Centre removes 2.5% concessional BCD on scrap imports Copper scrap prices likely to soften, supply may increase India’s domestic copper armature prices were assessed at INR 766,000/tonne (t) ex-Delhi, reflecting a 2% increase w-o-w. Similarly, copper motors mix scrap prices rose 3% w-o-w to $1,180/t, tracking London Metal Exchange (LME) tags, which stood at over…