Output of Secondary Lead Stood at 349,100 mt in April in China

SHANGHAI, May 9 (SMM) - China produced 349,100 mt of secondary lead in April 2022, up 19.39% MoM, and up 13.54 % from YoY. The combined output in January-April increased by 12.31% from a year ago. Meanwhile, China produced 291,600 mt of secondary refined lead in April, up 15.97% MoM, and up 5.09% YoY. Combined output in January-April 2022 increased 6.99% on the year. According to SMM research, the output of secondary lead rose sharply as scheduled in April. On the one hand, the maintenance and recovery of smelters in Jiangxi, Ningxia and Inner Mongolia contributed more increment. On the other hand, as the pandemic situation in Henan, Guizhou and Tianjin has eased, some refineries have begun to increase production. At the same time, some refineries also increased production due to technical transformation, profit and other factors. During the month, the output of Anhui was less than expected due to the impact of the pandemic. Although some refineries in Hubei were in overhaul within the month, the overall output of secondary lead increased strongly. In May, the overhauled smelters in Hubei, Shanxi, Inner Mongolia and other places gradually resumed production. The enterprises that resumed production in Jiangxi, Ningxia and other places in mid April will further increase production in May. Although some refineries in Anhui and Henan began maintenance, the reduction was less than the increment. So that it is expected that the production of secondary lead refineries will further resume.