Operation Restart of China Secondary Lead Producers Misses Forecast

Published: Feb 29, 2016 11:45

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The number of Chinese secondary lead producers resuming production falls short of forecast, SMM surveys.

SHANGHAI, Feb. 29 (SMM) – The number of Chinese secondary lead producers resuming production falls short of forecast, SMM surveys.

9 out of 18 domestic secondary lead smelters already restarted operation and 4 has resumed production but keep low operation rates as workers have not fully returned to work. 2 are under maintenance and the rest 3 take a wait-and-see stand.

Secondary lead prices are mainly at 11,900-12,000 yuan per tonne at present and supply tightness still continues.

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