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Can collapsed copper concentrate TC/RCs be sustained?

Source: Mysteel Oct 30, 2025 15:52
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Copper Capacity Price Supply
The treatment and refining charges (TC/RCs) for copper concentrate are key indicators of profit distribution and supply–demand balance across the copper value chain, directly reflecting the bargaining dynamics between miners and smelters. Since the third quarter (Q3) of 2023, the global copper concentrate market has undergone a structural shift,

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