April 19, 2012 at 12:41 PM EDT
CESCO-Copper TC/RCs sink to below $20/T; Asian smelters reeling
* Treatment charges fall to two-year low - market * Charges near or below breakeven for some Asian smelters - analysts * Improving supply in 2013 will push charges higher - analysts By Silvia Antonioli and Felipe Iturrieta SANTIAGO, April 19 (Reuters) - Spot copper treatment and refining charges for copper have fallen to two-year lows that make it unprofitable for many Asian smelters to continue operating, miners and analysts said this week. Smelters' fortunes have taken a
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