Average Operating Rate of Secondary Lead Smelters Down 7.52% on week

SHANGHAI, Nov 26 (SMM) - The operating rates across licensed smelters of secondary lead in Jiangsu, Anhui, Henan and Guizhou averaged 44.61% in the week ended November 26, down 7.52 percentage points from the previous week, an SMM survey showed.

The operating rate fell unexpectedly mainly due to the temporary maintenance in some smelters.

Anhui Huabo Co., Dadao Co., and Shandong Zhongqing Co. reduced the production significantly due to equipment maintenance.

In Jiangxi, the production was reduced in Jiangxi Fengri Co., Yiyang Xingwang Co., and Zhenyu Co., amid inspections by the solid waste centre.

Guizhou Huoqilin Co. and Jiangxi Jinyang Co. resume the normal production as planned. However, the overall work resumption failed to make up for the reduction, so the average operating rate declined.

Going forward, the operating rate is expected to rebound after the maintenance in Shandong Zhongqing Co. and the inspections in Jiangxi.