Secondary Lead Raw Material Recycling Diverged, Secondary Crude Lead Supply Tightened and Prices Are Expected to Remain Firm in the Future [SMM Scrap Battery & Secondary Crude Lead Weekly Review]

Published: Mar 27, 2026 16:48

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SMM News, March 27:

This week, quoted prices for scrap battery recycling diverged, at 9,250-9,450 yuan/mt. High-priced cargo collection squeezed traders' profits, while low-priced recycling saw limited volume growth; coupled with sluggish downstream consumption, relatively scarce retired resources, and end-users' reluctance to sell, this week's recycling volume was about half the normal level on a YoY basis. After Qingming Festival, more smelters were expected to resume production, supporting raw material demand, and attention should remain on lead prices as well as smelters' production, sales, and maintenance pace.

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