Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.
Base metalsThe 10 largest copper smelters in China set the fourth-quarter base price for treatment charges and refining charges (TC/RCs) at $90 per tonne/9 cents per lb on Friday September 21, sources with direct knowledge of the matter told Metal Bulletin.South Korea's state-run Public Procurement Service (PPS) purchased 2,000 tonnes of grade-A copper cathode through a tender that closed on Thursday. It has also floated a tender to procure 1,000 tonnes of special-high-grade zinc.Ferro-nickel has lost competitiveness against stainless...