Recycling Rate for Scrap Battery Required to Exceed 90%-Shanghai Metals Market

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Recycling Rate for Scrap Battery Required to Exceed 90%

SMM Insight 03:35:40PM Apr 06, 2013 Source:SMM

SHANGHAI, Apr. 5 (SMM) – According to the Comments on Promoting Development of Lead-Acid Battery and Secondary Lead Sector recently released by the Ministry of Industry & Information Technology, the Ministry of Environmental Protection, the Ministry of Commerce, the Ministry of Finance, and the National Development & Reform Commission, recycling rate of scrap lead-acid batteries should be above 90% by 2015.

Most traders in China’s scrap lead-acid battery market are individual businesses lacking regulations, which results in persistently high prices for scrap batteries and rising costs for secondary lead smelters, as well as a large amount of illegal battery dismantling and smelting plants which cause pollution.

Many experts and companies thus proposed to learn from foreign countries and extend the responsibility of battery producers, requiring them to take recycling into consideration while designing and producing batteries.

 

Price

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#1 Lead
Oct.18
17025.0
25.0
(0.15%)
#1 Lead - Guangdong
Oct.18
17000.0
0.0
(0.00%)
#1 Lead - Henan
Oct.18
16950.0
0.0
(0.00%)
#1 Lead -Tianjin
Oct.18
16975.0
-25.0
(-0.15%)
#2 Lead
Oct.18
16625.0
0.0
(0.00%)

Recycling Rate for Scrap Battery Required to Exceed 90%

SMM Insight 03:35:40PM Apr 06, 2013 Source:SMM

SHANGHAI, Apr. 5 (SMM) – According to the Comments on Promoting Development of Lead-Acid Battery and Secondary Lead Sector recently released by the Ministry of Industry & Information Technology, the Ministry of Environmental Protection, the Ministry of Commerce, the Ministry of Finance, and the National Development & Reform Commission, recycling rate of scrap lead-acid batteries should be above 90% by 2015.

Most traders in China’s scrap lead-acid battery market are individual businesses lacking regulations, which results in persistently high prices for scrap batteries and rising costs for secondary lead smelters, as well as a large amount of illegal battery dismantling and smelting plants which cause pollution.

Many experts and companies thus proposed to learn from foreign countries and extend the responsibility of battery producers, requiring them to take recycling into consideration while designing and producing batteries.