Secondary lead smelters operating rate dropped to 15.5% amid virus outbreak

Published: Feb 7, 2020 11:52
Operating rates across Jiangsu, Anhui and Henan provinces averaged 15.5% in the week ended February 7

SHANGHAI, Feb 7 (SMM) – Operating rates across licensed smelters of secondary lead in Jiangsu, Anhui and Henan provinces averaged 15.5% in the week ended February 7, down 18.7 percentage points from levels seen during January 18-22, showed a SMM survey.

The operating rate in Jiangsu dropped 22.7 percentage points to 33.3%, as Xinchunxing ran out of battery scrap. The smelter is maintaining low production on stocks of lead-containing scrap.

In Henan, Yuguang suspended its battery dismantling line, leading to a decline of 30.8 percentage points in the average operating rate for the region to 15.6%.

The operating rate in Anhui was down to zero as Huabo and Huaxin have been closed. When the two smelters will reopen remains uncertain amid the coronavirus epidemic outbreak.  

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