Fastmarkets' copper concentrates treatment and refining charge (TC/RC) index rose to its highest level since October 2019 this week, with Chinese smelters staying on the sidelines amid a murky outlook on production plans and product sales following the coronavirus outbreak.
A weekly brief on the Fastmarkets' copper concentrate index:Fastmarkets' copper concentrates TC/RC index ticks up with more tonnages offered to the spot market due to logistics concerns arising from the coronavirus outbreak in China....