SHANGHAI, Mar. 27 (SMM) – Data from the China Nonferrous Metals Industry Association (CNIA) showed China’s total lead output fell by 8.67% MoM during November to 387,000 mt. YTD output through November, however, was up 6.05% YoY to 4.18 million mt.
China produced 282,600 mt of primary lead during November, accounting for 73% of China’s total lead output, but this volume was down 7.92% MoM from October’s 307,000 mt. Output from Henan, Hunan, and Yunnan provinces was 135,700 mt, 101,800 mt, and 41,000 mt, respectively, down by 4.5%, 8.6%, and 16.28% MoM. SMM has learned that Anyang Minshan Nonferrous, Jiaozuo Dongfang Gold & Lead, and Zhicheng Gold & Lead, all located in Henan province, cut a total of 6,000 mt in primary lead output during November, which more than offset any increase in output at Yongning Gold & Lead. In Yunnan province, environmental protection and safety inspections started during October caused many smaller mines to close, resulting in shortages of crude lead. As a result, some small lead smelters in the Gejiu region reported production halts or reductions in output during November. Incremental output from large smelters in Hunan province, including Yuteng Nonferrous Metals, Guiyang Yinxing Nonferrous Metals, and Zhantai Nonferrous Metals, was able to offset the decline in output at Huaxin Nonferrous Metals.
Secondary lead output in China during November was 104,300 mt, down 11% on a MoM basis. Output in Hubei and Anhui provinces was 31,600 mt and 5,000 mt, respectively, both down 13.43% and 48% MoM. Jiangsu province registered a 6.54% increase in output during November, reaching 8,000 mt. However, SMM sources reported that large secondary lead smelters in these three provinces had actually held operating rates steady during the month.