Metals News
Tongling, Freeport set 2018 TC/RCs at $82.25/8.225 cents
industry news
06:11PM
Dec 27,2017
Source:SMM

SHANGHAI, Dec 27 (SMM) – Tongling Nonferrous Metals Group and Freeport have agreed to set the 2018 copper treatment and refining charges (TC/RCs) at $82.25/8.225 cents, SMM confirmed.

This would be the annual benchmark for China Smelters Purchase Team (CSPT) to follow while others would reference the agreement in their negotiations.

The was below the 2017 copper concentrate TC/RCs benchmark at $92.50/9.25 cents. 

 



 

copper
Tongling
Freeport
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