India: Domestic copper prices edge down

Domestic copper armature scrap prices edged down to INR 742,000/t exy-Delhi. Meanwhile, copper prices on the London Metal Exchange (LME) remained range-bound d-o-d at $9,055/t. Secondary copper rod prices were assessed at INR 789,000/t. In the imported segment, brass honey 2% from Australia was heard at 62% LME and USA copper motors mix was heard at $1,180-1,220/t CFR Mundra.


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