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The smelter’s restart pace is accelerating, and it is expected that secondary lead production will gradually recover by late March.
After the Lantern Festival, the domestic secondary lead smelting companies are continuing to accelerate their resumption of work, with Hunan Company A and Jiyuan Company B already starting furnace drying, expected to produce next week; Hebei Company C and Jiangxi Company D plan to ignite and start production next week, with output gradually released in mid to late March. Combined with some smelters that continued production during the Spring Festival and are experiencing inventory buildup, and considering the slow recovery of downstream consumption after the festival, the expected room for secondary lead prices to rise is limited. (SMM)