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Home / Metal News / Falling Profit Dampens Production Enthusiasm of Secondary Lead Smelters, SMM Says

Falling Profit Dampens Production Enthusiasm of Secondary Lead Smelters, SMM Says

Jul 10, 2017 18:09

Source:SMM

Secondary lead smelters, facing difficult sales of high-priced goods and profit drop, reduced production enthusiasm.

SHANGHAI, Jul. 10 (SMM) - Secondary lead mainly traded at 16,750-17,050 yuan per tonne (including tax) last week with average price at 16,880 yuan per tonne, up 70 yuan pert tonne on a weekly basis.

Where Lead Price Heads This Week? SMM Forecasts

Ignition battery scrap price (white shell) averaged at 8,480 yuan per tonne and 9,380 yuan per tonne for average motive battery scrap.

Primary Lead Smelters Hold Normal Production, and Secondary Lead Smelters Suffer Environmental Checks, SMM Reports

As such, profits kept falling week-on-week. Secondary lead smelters, facing difficult sales of high-priced goods, reduced production enthusiasm.

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Lead smelters made firm offers for spot goods on supply shortage, and downstream battery producers replenished stocks at low prices, improving transaction.

Aug 22, 2017 14:04

SMM Insight

Lead Spot Transaction Improves after Price Drops, SMM Reports

Tight Supply Refrains Transaction in China Lead Market, SMM Reports

Traders in China's market had low price-making interest in response to low inventories, and firm price kept downstream battery producers at sidelines, resulting in sluggish trading.

Aug 3, 2017 14:08

SMM Comments Industry

Tight Supply Refrains Transaction in China Lead Market, SMM Reports

Orders at Ignition Battery Producers See No Improvement, Despite of Rising End-User Demand, SMM Says

Orders at ignition battery producers saw no improvement in Zhejiang due to wary purchase sentiment of distributors.

Jul 26, 2017 17:59

Industry

Orders at Ignition Battery Producers See No Improvement, Despite of Rising End-User Demand, SMM Says

WBMS: Global Lead Supply Remains in Deficit of 172,000 Tonnes in January-May 2017

Global lead market still reported supply deficit at 172,000 tonnes in the first five months of 2017, according to World Bureau of Metal Statistics (WBMS).

Jul 20, 2017 09:41

SMM Insight Industry

WBMS: Global Lead Supply Remains in Deficit of 172,000 Tonnes in January-May 2017

TCs for Chinese lead concentrate to Stabilize for the Near Term, SMM Forecasts

TCs for Chinese 50% lead concentrate were mainly at RMB 1,600-1,800/mt (Pb Content) last week, and few offers of imported concentrate (Pb 60%, Ag < 1,000g) were heard.

May 8, 2017 16:38

SMM Insight

TCs for Chinese lead concentrate to Stabilize for the Near Term, SMM Forecasts

LME Lead to Move in a Tight Range (2017-4-26)

Eyes should be on US dollar index on Wednesday. LME lead will move at USD 2,140-2,180/mt on Wednesday and SHFE 1706 lead will fluctuate between RMB 15,800-16,350/mt.

Apr 26, 2017 09:19

SMM Comments

LME Lead to Move in a Tight Range (2017-4-26)

China Primary Lead Smelters Raise Operating Rate in March, SMM Reports

Average operating rate at 48 surveyed Chinese primary lead smelters was 63.37% in March, up 5.66 percentage points on a monthly basis.

Apr 18, 2017 14:26

SMM Insight

China Primary Lead Smelters Raise Operating Rate in March, SMM Reports

Global Lead Supply Reverse to Surplus in February 2017

International Lead and Zinc Study Group (ILZSG) issued on Apr. 12 that global lead market had an 11,700 tonnes of surplus in February.

Apr 13, 2017 14:25

SMM Insight

Global Lead Supply Reverse to Surplus in February 2017

Yuguang Gold & Lead to Invest 1.93 Bln Yuan in Technical Innovation, and Posts 2016’s Annual Profits up 1311% YoY

Henan Yuguang Gold & Lead plans to invest 1.928 billion yuan in secondary lead recycling and high-efficiency cleaner production technical innovation project in Jiyuan Yuchuan Industrial Park.

Apr 12, 2017 10:07

SMM Insight

Yuguang Gold & Lead to Invest 1.93 Bln Yuan in Technical Innovation, and Posts 2016’s Annual Profits up 1311% YoY

SHFE Lead to Stabilize (2017-4-10)

LME lead will move at USD 2,230-2,300/mt on Monday and SHFE 1705 lead will stabilize 16,200-17,000/mt at RMB after a sharp decline.

Apr 10, 2017 09:18

SMM Comments

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Falling Profit Dampens Production Enthusiasm of Secondary Lead Smelters, SMM Says

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NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

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