Sharp Falls in LME Lead to Boost China Lead Conc. Imports
Recent sharp declines in LME lead prices offered profitable opportunities for Chinese smelters
BEIJING (SMM): Recent sharp declines in LME lead prices offered profitable opportunities for Chinese smelters that have suffered from raw material shortages to import lead concentrate, SMM learns.
Three-month lead on the London Metal Exchange has lost about $100 per tonne after China’s National Day holiday, down to $1,987 per ton
Courtesy: www.metal.com