Secondary Lead Smelter Utilization Rate to Remain Low in June
Utilization rate at China's major secondary lead smelters fell
BEIJING (SMM): Utilization rate at China’s major secondary lead smelters fell another 2.18 percentage points on the month in May to 38.65% and is unlikely to increase in June, SMM says.
Large smelters were active in producing as downstream buyers favored secondary lead after its price gap with #1 lead widened.
Courtesy: www.metal.com
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