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MYMETAL: China’s secondary lead output decreases

Chinese production of secondary lead is declining currently, as many smelters have started to halt operations to enjoy a longer Chinese New Year (CNY) holiday break, according to the latest survey from Mymetal, Mysteel’s nonferrous metals data collection arm.
Officially, the CNY holiday spans February 11-17 but some smelters are stopping early to avoid the rush, as Mymetal’s latest production data showed. Output among the 30 secondary lead makers Mymetal follows eased further over January 18-24, falling by a substantial 11.7% to 42,355 tonnes over the week, because some sampled smelters in Jiangxi

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