India: Domestic copper prices continue to remain range-bound
Domestic copper armature scrap prices remained firm at INR 725,000/t exy-Delhi. Meanwhile, copper prices on the London Metal Exchange (LME) rebounded by 0.80% to $9,022/t d-o-d. Secondary copper rod prices were at INR 764,000/t. In the imported segment, Middle East brass honey was at 59.5-60% of LME prices, USA-origin copper motors mix offers were heard at $1,170-$1,180/t.