Intel Details

India: Copper prices fall on low demand

13 Jun 2022, 18:23 IST
Steel Mint Intel

  • SteelMint assessment for domestic copper armature scrap prices stands at INR 696,000/t ($8,908/t), a decrease of INR 5,000/t against the last trading session. Copper secondary CC wire rod prices were down by INR 4,000 to INR 747,000/t ($9,560/t).
  • Prices dropped owing to low demand in the market and falling exchange prices. LME cash prices moved down by $175/t w-o-w to $9,537/t.

13 Jun 2022, 18:23 IST
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