Operating rates of secondary lead smelters surged 7.15 percentage points on week

SHANGHAI, Jul 9 (SMM) - Operating rates across licensed smelters of secondary lead in Jiangsu, Anhui, Henan and Guizhou averaged 57.49% in the week ended July 9, up 7.15 percentage points from the previous week, showed an SMM survey.

Dadao and other secondary lead smelters in Anhui resumed production after maintenance, driving up the operating rates by about 6 percentage points. Jiangsu New Chunxing increased production significantly after the technological transformation, and the production is likely to be further raised next week. Besides the sample companies, Jinyang, Fengri, and other plants in Jiangxi gradually resumed production after maintenance. Although some plants in Guangdong reduced production due to the high temperature, and Hubei Jinyang started the overhaul for one week, the overall operation was recovering. Anhui Dadao will further lifting operation, and Hubei Jinyang will recover production next week. The operating rates are likely to remain upward next week.