SMM October 24 reduction lead Market News: reduction lead smelting profit very little regenerated lead to maintain deep discount

SMM, Oct. 24: today's domestic reduction of lead (excluding tax) mainstream quotation in 14450-14550 yuan / ton. Shanghai period lead runs along the downward passage, the scale model refinery maintains the low price to purchase the waste battery; because the reduction lead smelting profit is limited, therefore today the reduction lead actual transaction price fluctuation is very small; the purchase waste battery production recycled refined lead refinery, the profit is still optimistic, coupled with the weakening of consumption, resulting in recycled refined lead to maintain a deep discount.