China Smelters Purchase Team (CSPT) has finalised the guidance for copper concentrate treatment and refining charges (TC/RCs) in the second quarter of 2023 at $90/mt and $0.09/lb, respectively, sources said.
DCE iron ore futures rose by 1.17% in the day, the main contract closed 907.some traders quotation is still stronger, and steel mills purchased on demand.
SMM officially launched the SMM discount factors of metals contained in the ternary battery scrap on February 13, 2023 to replace the previous discount factor and price index of ternary 523 battery pole piece & black mass (10%<Ni<25%, 6%<Co<15%).