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Affected auto industry plight Recylex closes its lead refinery and two battery recycling plants
Apr 1,2020 10:47CST
translation
Recylex, a French metals and waste recycler, announced the temporary closure of a lead smelter and two battery recycling plants in Germany (one in Germany and one in France). [affected auto industry plight Recylex closes its lead refineries and two battery recycling plants.] Recylex, a French metals and waste recycler, announced the temporary closure of a lead smelter and two battery recycling plants in Germany. The company said demand had also fallen sharply amid a sharp drop in metal prices, particularly from the automotive sector.
The content below was translated by Tencent automatically for reference.

SMM4, January 1: French metal and waste recycler Recylex has announced the temporary closure of a lead smelter and two battery recycling plants in Germany (one in Germany and one in France). The company said demand had also fallen sharply amid a sharp drop in metal prices, particularly from the automotive sector.

Lead is closely linked to the automotive industry, and data show that lead-acid batteries account for 80% of the world's total use of lead.

Last week, in the SMM metal market live broadcast, special guest Shanghai Yuguang Gold lead International Trading Co., Ltd. deputy general manager Wei Liang believes that in the long run, the mining surplus logic still exists and the proportion of recycled lead production is high, the proportion of recycled lead will be further higher, and the processing fee is expected to remain high in the later stage.

"[round table exchange] if the price of lead and zinc falls again, will the current situation and future trend of production be reduced?

As Hubei enterprises resume work one after another, China's auto industry, once stagnant under the influence of the epidemic, is gradually returning to life. Unfortunately, the epidemic continues to spread around the world. Car companies in Europe, the United States, Japan and South Korea are shutting down production and closing factories on a large scale, and the supply chain of domestic automobile enterprises has also encountered a severe test.

It is reported that Italy, Spain, France, Germany, the United States and other European and American countries are important places of global automobile production, major carmakers have a number of factory layout, the epidemic has had a great impact on the annual performance of these auto companies.

"what will be the performance of the world's top five auto markets under the epidemic?

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