Operating Rates of Primary Lead Smelters Up 0.69% on Week

SHANGHAI, Sep 10 (SMM) – Operating rates across primary lead smelters in Henan, Hunan and Yunnan provinces gained 0.69 percentage point from the previous week to 62.24% in the week ended September 10, showed an SMM survey.

Production in Henan was largely unchanged. In Hunan, Shuikoushan Jinxin slightly increased production this week, restocking the finished products for the maintenance in October. Shuikoushan Zhihui also increased production in September after the power curtailment was lifted. In Yunnan, Mengzi Mining and Metallurgy is expected to resume production in mid-September, and the production is likely to be expanded next week. Gejiu Tongfu raised production after the raw material restocking. Chifeng Shanjin Silver and Lead slightly reduced in end-August due to the equipment failure, and is expected to resume normal production next week.