SMM October 28 reduction lead Market News: reduction lead smelting profit meagre price shows to keep up with the rise and fall

SMM Oct. 28: today's domestic reduction of lead (excluding tax) mainstream quotation in 14450-14600 yuan / ton. The rise of lead in Shanghai period is weak, and the refinery controls the purchase price of waste battery of raw materials very strictly. Due to the meagre profit of reduced lead smelting, the price gradually shows signs of rising and not falling. At the same time, affected by the price of reduced lead, the discount of recycled refined lead has not been further expanded.