Pabrik Peleburan di Tiongkok Timur Laut Menghentikan Produksi Timbal Sekunder Akibat Kekurangan Bahan Baku

South Korean media reported on November 3 that the fire at Korea Zinc’s Onsan smelter had been fully extinguished at 3:06 pm on November 2, with no casualties or leakage of hazardous chemicals. The fire occurred at No. 2 plant, which had already been shut for planned maintenance. The affected unit reprocesses zinc and lead smelting residues to recover valuable metals and is not part of the main zinc production line. The cause and extent of the damage remain under investigation, while no production loss or restart schedule has been disclosed. Korea Zinc produced approximately 600,000 tonnes of zinc in 2025. As no damage to the main production line has been confirmed, the direct impact on zinc metal supply currently appears limited. However, damage to the residue retreatment unit could affect by-product recovery and intermediate-material flows, and any extension of the maintenance period remains a key factor to monitor.

[SMM Analisis: SHFE Lead Turun 2,12% karena Sentimen Bearish; Pasar Spot Bertahan dengan Dukungan Persediaan Rendah？] SMM, 3 November: Harga timbal turun tajam hari ini. Hingga penutupan pukul 15.00, kontrak SHFE lead 2612 yang paling aktif ditransaksikan ditutup pada 15.765 yuan/mt, turun 345 yuan/mt, atau 2,12%, setelah menyentuh level terendah intraday 15.760 yuan/mt, level terendah dalam hampir tiga bulan.

[SMM Analysis] SHFE Lead Falls Over 2% on Added Shorts: Can Spot Holdback and Low Inventory Provide Support? SMM, November 3: Lead prices fell sharply today. As of the 15:00 close, the most-traded SHFE lead 2612 contract settled at 15,765 yuan/mt, down 345 yuan/mt, or 2.12%, after hitting an intraday low of 15,760 yuan/mt, the lowest level in nearly three months......