Lead producer Berzelius declares force majeure after floods close Stolberg plant

European lead smelter Berzelius Metall has declared force majeure on supply contracts after floods that have caused chaos in northern Germany and Belgium forced the closure of its Stolberg smelter.

Fastmarkets' calls to Berzelius were not answered, while an email to parent company EcoBat Technologies was not responded to by the time of publication.
But sources in the lead market confirmed to Fastmarkets that the company issued force majeure notifications earlier this week, with the plant closed for the immediate future.

The Stolberg lead plant has a...

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