COPPER CONCS SNAPSHOT: TC/RCs set new low; limited tonnages tendered

Fastmarkets copper concentrates treatment and refining charge (TC/RC) index set a new low this week amid an illiquid market.

The spot tracking index dropped to $42.60 per tonne/ 4.26 cents per lb on Friday November 20, the lowest since its launch in 2013.  

Offers of clean concentrates to smelters lowered to the mid-$40s with purchases reported in the high $40s for...

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