SHANGHAI, May 9 (SMM) - China produced 350,200 mt of secondary lead in April, down 4.26% MoM and up 0.32% YoY. The output totalled 1.34 million mt in January–April, up 2.5% YoY. China produced 306,300 mt of secondary refined lead in April, down 6.3% MoM and up 5.04% YoY. The total output in January–April increased 2.35% from the same period last year to 1.18 million mt.
Domestic secondary refined lead output declined slightly in April as large and small smelters cut the production significantly in April. Specifically, the maintenance of some production lines in Anhui Narada Huabo brought major output cuts, while the resumption of smelters such as Anhui Tianchang and Shandong Zhongqing offset some of the reductions. As such, the average operating rate of large smelters in April dropped 5.79% month-on-month. The technological transformation of Jiangxi Xinya led to a significant output cut, and the average operating rate of small smelters decreased 18.23% compared with March.
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