US copper futures steadied in early business on Wednesday as renewed weakness in the dollar helped prices of the metal recover from 1-1/2-week lows, while rising inventories and lingering debt concerns in Greece and Dubai capped momentum. Copper for March delivery down 0.35 cent at $3.1615 a lb by 10:18 am EST (1518 GMT) on the New York Mercantile Exchange's COMEX division.
Range from $3.1875 to $3.1345, its lowest level since November 30. Last week, March copper hit its highest level since late August 2008 at $3.2750. COMEX estimated futures volume at 7,109 lots by 9 am.