SHANGHAI, Jul. 10 (SMM) - Secondary lead mainly traded at 16,750-17,050 yuan per tonne (including tax) last week with average price at 16,880 yuan per tonne, up 70 yuan pert tonne on a weekly basis.
Where Lead Price Heads This Week? SMM Forecasts
Ignition battery scrap price (white shell) averaged at 8,480 yuan per tonne and 9,380 yuan per tonne for average motive battery scrap.
As such, profits kept falling week-on-week. Secondary lead smelters, facing difficult sales of high-priced goods, reduced production enthusiasm.
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