SMM Analysis: Accumulated Lead Concentrate Imports in January-February 2024 Fell by Over 30% Year-on-Year, Domestic Lead Ore Shortage Continues in the First Quarter
According to customs data, the import volume of lead concentrate in January-February 2024 was 154,800 metric tons, a decrease of 33.23% year-on-year. In terms of countries, the main importers of lead concentrate in January-February were Russia, Myanmar, Vietnam, and Namibia. According to SMM research, smelters have extremely high requirements for other valuable metal contents in imported ores. Additionally, lead-silver concentrate is also an important raw material for comprehensive recovery in smelters, and the import volume of silver concentrate in January-February was 289,400 metric tons, an increase of 7.12% year-on-year.

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