Europe's largest copper producer, Aurubis, has announced its annual copper cathode premium for 2020 at $96 per tonne, unchanged from last year's level, the company confirmed to Fastmarkets on Tuesday October 22.
Aurubis spokesperson Malte Blomback confirmed the annual premium to Fastmarkets this afternoon, while market participants also suggested that the company would begin contractual negotiations during LME Week next week. The producer raised its annual premium...