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Home / Metal News / Secondary Lead Supply Tightens in China on Improved Demand

Secondary Lead Supply Tightens in China on Improved Demand

Feb 23, 2016 13:24

Source:SMM

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

SHANGHAI, Feb. 23 (SMM) – Transactions register a gradual improvement currently in Chinese secondary lead market with marked growth in demand from downstream buyers, SMM learns.

Downstream buyers turn more active in building stocks while secondary lead producers have not fully resumed production, leading to tightness in supply.

The majority of domestic qualified secondary lead smelters already restarted operation but few goods from them are to be sold as those producers have relatively complete industrial chains, tightening market supply.

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