Singapore/Geneva — A Glencore metals trader is one of a group of people detained by Chinese authorities this week as part of an investigation into shipments of lead into the country, according to people with knowledge of the matter. Hu Qiang, a Beijing-based senior lead concentrate trader at Glencore, was detained by Chinese authorities, the people said, asking not to be identified because they are not authorised to speak publicly. While a spokesman for Glencore declined to comment on any individual arrests, the company said on Thursday that it denied allegations that it had acted improperly. Nobody replied to calls or a fax to China’s General Administration of Customs. Hu did not answer calls to his cellphone, which were diverted to voice mail, nor he did he reply to e-mails sent to his work address. The Nanjing branch of China’s customs authority was said to have seized 16,000 tonnes of imported material this week that it says is lead slag but was declared as lead concentrate. The...
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