Primary lead smelters operating rates rose as new capacity came online in Henan

Published: Jul 24, 2020 17:34

Save

Operating rates across primary lead smelters in Henan, Hunan and Yunnan provinces averaged 52.6% in the week ended July 24, up 0.7 percentage point from the previous week, showed an SMM survey.

SHANGHAI, Jul 24 (SMM) – Operating rates across primary lead smelters in Henan, Hunan and Yunnan provinces averaged 52.6% in the week ended July 24, up 0.7 percentage point from the previous week, showed an SMM survey.

The average rate in Henan climbed 1.3 percentage point to 64.5% as Henan Yuguang commissioned new capacity. The new lines have not reached full operation, with daily output currently at 850-950 mt.

The respective rates in Yunnan and Hunan were unchanged from a week ago, standing at 37.3% and 42.3%.

Henan Jinli smelter lowered its daily output to 650-700 mt due to equipment failure. Smelters in other areas maintained stable operation this week.

Operating rates Primary lead Lead

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

Related News

49 mins ago

Outside China Lead Ingot Destocking Exceeded 1,000 mt, LME Lead Rebounded After Testing Lower Levels [SMM Lead Morning Brief]

[SMM Lead Morning Comment: Lead Ingot Destocking Outside China Exceeded 1,000 mt, LME Lead Rebounded After Testing Lower Levels] SMM News on April 1: Overnight, LME lead opened at $1,908.5/mt. During the Asian session, LME lead fluctuated at highs, trading mostly in the $1,905-1,915/mt range......

49 mins ago

Fundamentals Had Limited Impact on Lead Prices; Focus on Guidance From Macro Changes [SMM Lead Morning Meeting Summary]

[SMM Lead Morning Meeting Summary: Fundamentals Had Limited Impact on Lead Prices, Attention Should Be Paid to Guidance From Macro Changes] US President Trump said he would end the Iran conflict within “two to three weeks.” Recently, lead ingot inventory trends in and outside China have diverged slightly. Consumption in the Chinese market has relatively weakened, and trading in the spot market has been sluggish...

49 mins ago

13 hours ago

Secondary Refined Lead Prices Reach 15,350 Yuan/mt, Buyers Resist Higher Rates

[Secondary Lead Market Update] Today, the mainstream transaction prices for secondary refined lead on an ex-factory, tax-exclusive basis were 15,350 yuan/mt, while downstream buyers found the ex-factory price of 15,400 yuan/mt difficult to accept.

13 hours ago