Operating Rates of Primary Lead Smelters Down 1.35 Percentage Points on Week

SHANGHAI, Jul 30 (SMM) - Operating rates across primary lead smelters in Henan, Hunan and Yunnan provinces lost 1.35 percentage points from the previous week to 59.4% in the week ended July 30, showed an SMM survey.

In Henan, Xinling and Jinli resumed production from last week’s power curtailment, but Xinling suspended crude lead production under the new power curtailment notice in the mid-week. The crude lead production is expected to recover next week, while the refined lead production was unaffected.

In Hunan, Yuteng halted production for maintenance this week, and is expected to recover operation next week. Shuikoushan Jinxin slightly reduced its production due to equipment failure.

Anhui Tongguan was still in maintenance, likely to resume production next weekend.

Xing’an Silver Lead in Inner Mongolia may conduct maintenance in late August, before which it will maintain normal production.