Secondary lead smelter operating rates fell further amid losses and busy farming season

SHANGHAI, Jun 11 (SMM) - Operating rates across licensed smelters of secondary lead in Jiangsu, Anhui, Henan and Guizhou averaged 52.2% in the week ended June 11, down 6.3 percentage points from the previous week, showed an SMM survey.

Camel in Anhui reduced production due to the lower profits, and Chilwee suspended production as the profits shrank and workers took holidays for the busy farm season. Chillwee will resume normal work next week, and Jiangxi Xinya will increase production after finishing the technological transformation. The operating rates of secondary lead smelters are expected to rebound slightly next week.