SMM News on June 17: End-use consumption in the automotive battery market remains sluggish. Dealers continue to purchase as needed. Most producers are in a state of production cuts, with operating rates of production lines ranging from 50% to 90%. In addition, lead prices have been fluctuating and strengthening recently. Especially in the absence of secondary lead supply, downstream enterprises are opting more for primary lead to meet their rigid demand.
SMM Battery Market Flash News on June 17 [SMM Midday Review]
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