SMM October 25: today's domestic reduction of lead (excluding tax) mainstream quotation in 14450-14550 yuan / ton. Shanghai lead due to weak fundamentals, continued to decline, scale refineries to control smelting costs, low-price procurement of waste batteries; reduced lead smelting profits have been greatly compressed, the current profit is meagre, the mood of high prices has been revealed; reduced lead prices have become more difficult, the income has been narrowed, so that some refined lead plants have objections to deep water shipments.
SMM October 25 reduction lead Market News: reduction lead smelting profit meagre high price sentiment has been revealed
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