MYMETAL: China’s secondary lead output decreases
Jan 26, 2021 18:30
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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