Operating Rate of Primary Lead Smelters Down 1.92% on Week

SHANGHAI, Oct 29 (SMM) – The average operating rate across primary lead smelters in Henan, Hunan and Yunnan provinces dropped 1.92 percentage points from the previous week to 48.87% in the week ended October 29, an SMM survey showed.

In Henan, the output of Jinli and Wanyang reduced on the week due to the power rationing, Yuguang slightly increased the production after the work resumption on Wednesday, and Yongning Gold and Lead resumed the production after the maintenance. Wanyang will resume a small amount of the output this Sunday, and it may conduct the routine maintenance after November. Guiyang Yinxing in Hunan slightly increased the production after the power rationing. Jiangxi Jinde conducted the maintenance as planned, and Jiangxi Copper has not completed the maintenance yet.