Correction looms as copper TC/RCs increase

Nov 19, 2004 | 08:13 AM | Julie Bresnick

Spot terms for copper concentrates continue to rise as more annual contracts settle in line with benchmark deals.

Several deals have been made with Chinese smelters for treatment and refining charges (TC/RCs) around $135 a tonne/13.5 cents a pound, traders said.....

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