China Major Lead Smelters to Cut Output on Price Slump
China's major lead producers in Henan Province have decided to reduce production due to low prices
BEIJING (SMM): China’s major lead producers in Henan Province have decided to reduce production due to low prices, Shanghai Metals Market learns.
Henan Yuguang Gold & Lead Co., Jinli Gold & Lead Co. and Wanyang Smelter Group lead the production cuts in Henan, citing current prices are far below production costs.
Courtesy: www.metal.com
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