This week (April 10–16, 2026), the average operating rate of primary lead smelters in the three provinces was 63.42%, up 1.93 percentage points WoW.
This week, smelters in Henan operated steadily with the operating rate unchanged from last week; production at smelters in Hunan declined slightly; a large smelter in Yunnan that had previously shut down for maintenance resumed production, lifting the regional operating rate; smelters in other regions maintained overall stable production.
![Cost Support Holds Prices Firm, Import Lead Inflow Expected to Shrink [SMM Secondary Crude Lead Weekly Review]](https://imgqn.smm.cn/usercenter/mIbTL20251217171721.jpg)
![Operating Rate Declined and Spot Orders Shrank, Secondary Lead Inventory Expected to Turn Lower Next Week [SMM Secondary Lead Inventory Weekly Review]](https://imgqn.smm.cn/usercenter/lIHfM20251217171721.jpeg)
