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Home / Metal News / Over 30% China Secondary Lead Producers Shut down

Over 30% China Secondary Lead Producers Shut down

iconNov 19, 2015 17:42
More than 30% secondary lead producers idled recently as weak prices bit.

SHANGHAI, Nov. 19 (SMM) – More than 30% secondary lead producers idled recently as weak prices bit, SMM surveyed.

Secondary lead prices extended losses recently, mainly at 11,400-11,500 yuan per tonne (tax excluded) on Nov. 16. Almost no price offers were reportedly given in secondary lead market on Nov. 17, when SMM #1 lead slumped 225 yuan per tonne.

SMM survey of 15 domestic secondary lead smelters showed that 1/3 of them were already closed. A total of 8 producers under operation cut production and the rest 2 kept normal operation. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

secondary lead producers
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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