SHANGHAI, Jun. 30 (SMM) – Many secondary lead smelters halted production again recently, SMM learnt.
Secondary lead quoted 11,700 yuan per tonne June 30 in Anhui while smelting cost reached as high as 11,700-11,800 yuan per tonne, leaving no profits for smelters. Though smelters could gain from by-products, the profits were light.
Smelters in many regions were closed due to environmental protection crackdowns.
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