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

iconFeb 7, 2020 11:52
Source:SMM
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.  

Operating rates
Secondary lead
Lead

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