Secondary Lead Smelter Utilization Rate to Remain Low in June

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