India: Copper prices edge down d-o-d
Domestic copper armature scrap prices edged down to INR 733,000/t d-o-d exy-Delhi. Prices on the LME remained range-bound at $9,427/t d-o-d. Secondary rod prices were at INR 782,000/t exw Delhi. Imported copper motor mix offers from the US ranged from $1,180-1,190/t. Brass honey 4% Middle East-origin stood at $5,590/t. Brass 2% from Australia was offered at 61.5% of LME CFR West Coast India.