High Temperature Affects Production at Lead Smelters, SMM Says

Published: Jul 17, 2017 14:47

Save

Primary lead smelters produced normally last week, and secondary lead smelters in Anhui halved output because of high temperature.

SHANGHAI, Jul. 17 (SMM) - Primary lead smelters produced normally last week, except Henan Yuguang Gold & Lead which was still under unit maintenance.

Lead Prices to Face Downward Pressure This Week, SMM Forecasts

Secondary lead smelters in Anhui halved output because of high temperature except Anhui Huanyu Lead Industry Group which kept halting output. Large secondary lead smelters in Henan, Shandong and Jiangxi posted stable production, while small smelters in those regions shut down amid environmental protection inspections.

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

SHFE lead LME lead lead prices

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

12 hours ago

LME Lead 3M Extended Gains from Previous Close but Faced Resistance at Higher Price, Showing Soft to Bearish Momentum.

Highlights of Future Lead 3M price: At the end of the Asian session on 16 Apr, LME lead 3M closed at $1,955/t, down 0.58% from the previous close. Prices showed a clear intraday downtrend after opening at $1,965/t and reaching a high of around $1,970/t, indicating weak buying support and a cautious tone throughout the session, with difficulty breaking higher levels. Highlights of Asia Lead Market: As in the off-season in the lead market, daily spot trading has slowed to a moderate pace. This is largely due to the ongoing shortage of remelted lead in SEA. Because of high financing costs, most Vietnamese smelters are keeping inventories at subdued level. In China, limited spot volumes of refined lead and lead alloys are allocated to long-term and spot orders for established customers.

12 hours ago

14 hours ago

SMM April 16 EV Battery Market Summary [SMM Evening News]

14 hours ago

Macro Sentiment Drove Lead Prices Higher, SHFE Lead Posted a Three-Day Winning Streak [Lead Futures Brief]

14 hours ago