Multiple Factors Narrowed Profits of Secondary Refined Lead Smelting Enterprises

Recently, under the tight supply of battery scrap, most secondary lead smelters have increased their purchase prices to ensure the replenishment of raw material inventory.

Last week, the weekly average price of SMM electric motive battery scrap and electric battery scrap (white shell) rose by 25 yuan/mt from the prior week, and that of electric battery scrap (black shell) rose by 50 yuan/mt; the cost of raw materials increased. The plastics market fluctuated weakly.

The prices of plastic fragments produced by secondary lead smelters dismantling battery scrap weakened, and the income of by-products decreased.

On the whole, the profit margin of secondary lead smelting enterprises has narrowed to 250-285 yuan/mt.