Huaxin Lead increases secondary lead ingot production
2023-04-18 08:13:57 [Print]
BEIJING (Asian Metal) 18 Apr 23 - Anhui Huaxin Lead Industry Group Co
"As we have sufficient raw materials and no inventory pressure, our production of secondary lead ingot would increase to nearly 12,000t this month, up by 2,000t from last month," the source said, adding that the output would remain at around 10,000t next month.
With an annual production capacity of 150,000t for secondary lead, they totally produced about 88,000t in 2022 and about 24,000t so far this year, holding no inventory now. They mainly purchased raw materials from Henan province to produce secondary lead ingot 99 . 994%min.
The mainstream prices of secondary lead ingot 99.994%min stand at RMB15,000-15,200/t (USD2,189-2,219/t) EXW today in Anhui, up by RMB50/t (USD7.3/t) from last Friday . Considering his bearish attitude to the market outlook but tight supply of recycled deep cycle battery, the producer believes that prices of secondary lead ingot 99 . 994%min would keep firm in the coming week.
. , Ltd . , one of major secondary lead ingot 99 . 994%min producers in Anhui, would increase the production from about 10,000t in March to around 12,000t in April, a source from the company reported to Asian Metal.
"As we have sufficient raw materials and no inventory pressure, our production of secondary lead ingot would increase to nearly 12,000t this month, up by 2,000t from last month," the source said, adding that the output would remain at around 10,000t next month.
With an annual production capacity of 150,000t for secondary lead, they totally produced about 88,000t in 2022 and about 24,000t so far this year, holding no inventory now. They mainly purchased raw materials from Henan province to produce secondary lead ingot 99 . 994%min.
The mainstream prices of secondary lead ingot 99.994%min stand at RMB15,000-15,200/t (USD2,189-2,219/t) EXW today in Anhui, up by RMB50/t (USD7.3/t) from last Friday . Considering his bearish attitude to the market outlook but tight supply of recycled deep cycle battery, the producer believes that prices of secondary lead ingot 99 . 994%min would keep firm in the coming week.