SMM Weekly Operating Rate of Primary Lead Smelters (February 6, 2026–February 12, 2026) [SMM Weekly Review of Primary Lead Operating Rates]

This week (February 6, 2026 - February 12, 2026), the average operating rate of primary lead smelters in three provinces was 59.71%, down 1.39 percentage points WoW. This week, production at smelters in Henan marginally declined slightly. In Hunan, production at smelters continued to decline after maintenance shutdowns, with some plants extending maintenance shutdowns until the end of February due to the Chinese New Year holiday. In Yunnan, production continued to decline due to maintenance-related production cuts and increased holiday maintenance shutdowns. In other regions, such as South China and East China, production remained stable after the resumption of routine maintenance during the holiday period.