MYMETAL: China lifts secondary lead output

China’s domestic lead market has seen output of secondary lead climb recently as smelters take advantage of the lead price rally and increased supplies of raw materials, Mymetal’s latest survey has found. Mymetal is Mysteel’s nonferrous market intelligence provider.

“Over the past week, some secondary lead refineries in Henan (in Central China) and Anhui (in East China) chose to bring their plants back on line sooner after completing some scheduled maintenance when they saw the continuing recovery in lead prices,” a Shanghai-based analyst remarked, with lead output climbing