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[SMM investigation] effective epidemic Control in China the operating rate of lead concentrate rose to 34.1% in March
Apr 13,2020 17:34CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

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SMM, 13 April:

According to the (SMM) survey of Shanghai Nonferrous Network, the operating rate of lead concentrate in March was 34.1%, up 15.9% from the previous month. The survey involved 86 enterprises with a production capacity of 767000 tons.

According to SMM research and understanding, the lead concentrate operation rate rebounded in March, mainly because the domestic new crown epidemic situation has been effectively controlled, the government has vigorously advocated a safe resumption of production, and the mines have been restored in an orderly manner according to their own actual conditions, and the comprehensive operation rate has been substantially repaired. According to the scale of mining enterprises, the specific reasons are as follows:

The operating rate of large mining enterprises with an annual capacity of more than 10,000 tons increased by 14.5 percentage points to 34.9% month-on-month. The main reason for the increase in output was the lifting of epidemic control. Xinjiang Zijin zinc industry, Yulong mining industry and other mines gradually returned to normal.

The operating rate of medium-sized mining enterprises with an annual production capacity of 0.51000 tons increased by 20 percentage points to 27.6% month-on-month. In addition to the lifting of the impact of the epidemic, mining enterprises such as Xingye Mining and Dongshengmiao in Inner Mongolia resumed partial production.

The operating rate of small mining enterprises with an annual capacity of less than 5000 tons rose 16.1 percent to 44.7% month-on-month, mainly due to the resumption of operations in March, mainly due to the suspension of production in February.

To sum up, the total output of mining enterprises rebounded in March. Looking forward to April, domestic production enterprises basically return to normal, superimposed northern high-altitude area temperature warming month by month, it is expected that the operating rate in April may continue to repair.

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