Glencore Trader Held by China Amid Lead Probe

A Glencore Plc 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 customs authorities, the people said, asking not to be identified because they’re not authorized to speak publicly. While a spokesman for Glencore declined to comment on any individual arrests, the company on Thursday said it refutes allegations that it acted improperly.