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China’s top copper group cuts Q1 2024 floor price for treatment charges

December 28, 2023 Comments Off

China’s group of top copper smelters has reduced the floor price for copper concentrates treatment and refining charges for the first quarter of 2024, in an indication of tighter copper supplies, market sources said Dec. 28. The smelters group, known as the China Smelters Purchase Team, or CSPT, set the Q1 floor price of treatment and refining charges (TCs/RCs) at…