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Producers of Many Deliverable Primary Lead Brands to Undertake Maintenance

iconMay 17, 2023 11:27
Source:SMM
With the recovery of large-scale secondary lead smelters after maintenance and the production ramp-up of new capacity, the overall supply will increase in May.

With the recovery of large-scale secondary lead smelters after maintenance and the production ramp-up of new capacity, the overall supply will increase in May.

Notably, the producers of many deliverable primary lead brands have planned to undertake maintenance in May, thus the cargoes to be delivered to the warehouses will decline.

As such, social inventory of lead ingots will stop falling, but it upward room will also be limited.

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