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Home / Metal News / Growing Secondary Lead Producers to Idle in China on Thinner Profit

Growing Secondary Lead Producers to Idle in China on Thinner Profit

Oct 30, 2015 15:06

Source:SMM

More secondary lead smelters in China are expected to shut down because of falling profit, SMM notes.

SHANGHAI, Oct. 30 (SMM) – More secondary lead smelters in China are expected to shut down because of falling profit, SMM notes.

Secondary lead prices (tax excluded) post a drop of 100 yuan per tonne in some regions. However, scrap battery prices only fell 25 yuan per tonne. Moreover, by-product prices stay low, squeezing producers’ profit.

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Operating rates across licensed smelters of secondary lead in Jiangsu, Anhui, Henan and Guizhou averaged 64.50% in the week ended August 6, up 0.05 percentage point from the previous week, showed an SMM survey.

Aug 6, 2021 17:48

Analysis

Operating Rates of Secondary Lead Smelters Up 0.05% on Week

Secondary lead smelters operating rates edged up to 54.4%

Operating rates across licensed smelters of secondary lead in Jiangsu, Anhui, Henan and Guizhou averaged 54.4% in the week ended July 31, up 0.9 percentage point from the previous week, showed an SMM survey.

Jul 31, 2020 15:40

Analysis

Secondary lead smelters operating rates edged up to 54.4%

Lead prices soar on tight supply, inventory drop

The price of SHFE lead surged to a two-month high on Monday May 7 due to tight supply and declining inventory.

May 8, 2018 09:45

SMM Comments SMM Insight

Lead prices soar on tight supply, inventory drop

Rumor of Closures Proved Untrue at Secondary Lead Smelters across Anhui, SMM Says

Rumor has it that secondary lead smelters in Anhui suspended production recently. SMM finds this is fake news.

Sep 22, 2017 11:46

SMM Insight

Rumor of Closures Proved Untrue at Secondary Lead Smelters across Anhui, SMM Says

Secondary Lead Supply Tightens in China on Improved Demand

Transactions register a gradual improvement currently in Chinese secondary lead market with marked growth in demand from downstream buyers, SMM learns.

Feb 23, 2016 13:24

Industry

Trading Cools in China Secondary Lead Market with High Price Offers

Trading activities are sluggish in Chinese secondary lead market after Chinese New Year holiday.

Feb 18, 2016 13:18

Industry

Profit Grows at China Secondary Lead Producers

Secondary lead producers reported a modest growth in profit in this past week, SMM reported.

Nov 13, 2015 13:11

Industry

China Secondary Lead Producers See Light Profits

Profits for Chinese secondary lead smelters stay low due to growth in cost higher than selling price this week, SMM reports.

Oct 16, 2015 12:00

Industry

China Secondary Lead Producers Step up Procurement Prices for Scrap Batteries after Holiday

Mainstream purchase prices for scrap batteries in China post a rise following China’s National Day holiday, SMM learns.

Oct 13, 2015 11:55

Industry

China Secondary Lead Smelters Report Rising Profits on Cost Reduction

Chinese secondary lead producers reported rising profits this week, SMM noted.

Sep 25, 2015 11:52

Industry

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