Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Copper futures on Monday fell ₹3.80 to ₹719.40 per kilogram as participants cut their positions amid a muted demand in the domestic market.
On the Multi Commodity Exchange, copper contracts for February delivery eased ₹3.80 or 0.53% to ₹719.40 per kg in a business turnover of 2,832 lots.
Analysts said trimming of positions by speculators amid a muted demand in the spot market mainly dragged down copper prices in the futures trade.
Also Read : Aluminium prices hit a two-week high due to Russian supply concerns Copper price hits record above $11,000 on bets that shortage looms
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