India: Domestic copper prices inch down d-o-d
Domestic copper armature scrap prices inched down to INR 768,000/t d-o-d exy-Delhi. However, demand remained on the positive side. Copper armature scrap was heard at INR 760,000/t levels in Gujarat. Secondary rods were at INR 820,000/t exw-Delhi with trades heard ex Delhi. Copper motors large Europe-origin, $1,130/t offers heard, bids $1,060-1,080/t, while brass honey 5-6% from Germany was heard at 58.5% LME prices CFR west coast.