Chinese zinc smelters achieve significant hikes for domestic TCs

A number of Chinese zinc smelters have managed to introduce long-awaited, and significant, increases to domestic treatment charges (TC) in the first week August.

A number of Chinese zinc smelters managed to introduce long-awaited, and significant, increases to domestic treatment charges (TC) in the first week of August, market participants told Metal Bulletin this week. An increase of up to 700 yuan($102) per tonne has been heard in deals across China, sources said. Miners and smelters in China typically agree on treatment charges - paid to the cover the cost of processing the raw materials into metal - at the start of the month. At the end of July Metal Bulletin’s price assessment for the domestic zinc concentrate TC for southern China was 3,400-3,600 yuan per...

Published

Julian Luk

August 08, 2018

16:19 GMT

London