Copper TC/RCs slip on trader bidding; smelters still well-stocked

Treatment and refining charges (TC/RCs) for clean copper concentrates are slipping from multi-year highs seen at the turn of the year, as a supply glut proves elusive.

The Metal Bulletin Copper Concentrates index, which launched today, was calculated at $91.88 per dry metric tonne/9.188 per lb, down from a high of $122.33 per tonne/12.233 cents per lb...


Mark Burton

Metal NM

March 14, 2014

10:50 GMT