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2009 – A year marks a turning point for China lead Industry in history 
- Huge imports of lead and lead raw materials in 1Q made China become a net importer of lead for the first time in 2009.  
- China's secondary lead output exceeded 1 million mt for the first time 
- Environment protection supervision and inspection over domestic lead production has caught high attention from the industry, with clean production standards announced. 
- A 15% growth of domestic lead prices in late August can hardly cover the 6-month struggled performance.

2009 – A year experiences the most evident impact from financial factors for global lead industry  
- The world's economy is on the way of recovery from global financial crisis erupted in late 2008. Stimulus packages implemented by major economies directly led price trends in the global commodity market.  
- Low interest rate, cheap US dollar, strong gold prices, high crude oil prices draw a general macro-economic picture. Economic data on a daily, weekly, and quarterly basis all affects the nerve of market investors. 

In this regard, LEAD inventories are on the increases along with declines in the domestic/LME price arbitrage ratio, posing increasing challenges for lead producers.

At this crucial momentum, SMM introduces China Lead Industry Chain Analysis, 2009-2010, comprised of exclusive survey on Chinese players from miners, smelters, to downstream end-users, to help you get deep insight into China lead market.