Fastmarkets' copper concentrate treatment and refining charge index continued to drop in the week ended Friday April 17 with limited tonnages sold over the assessment period.
The benchmark index fell to $58.6 per tonne/ 5.86 cents per lb on Friday, from $60.1 per tonne/ 6.01 cents per lb a week ago.A handful of deals were concluded in the low $60s per tonne /6 cents per lb to smelters while traders expressed interest in prompt cargoes at $55 per tonne/ $5.5 cents per lb. Offers to smelters started to dip below $60 per tonne /6 cents per lb with some smelters showing interest in accepting...