SHANGHAI, Jun. 22 (SMM) – All secondary lead smelters in Anhui’s Taihe have resumed output, SMM learns.
But, refined lead output is limited by insufficient battery scrap supply.
WBMS: Global Lead Market Reports Supply Shortage in January-April 2017
Moreover, lead smelters hold back sales for low-priced goods, reducing influx of refined lead in China’s market.
The goods mainly traded at premiums of 200-300 yuan per tonne, against average SMM #1 lead price.
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