SMM Primary Lead Smelter Weekly Operating Rate (May 22, 2026 - May 28, 2026) [SMM Primary Lead Smelting Operating Rate Weekly Review]

Published: May 29, 2026 16:19

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This week (May 22–28, 2026), the average operating rate of primary lead smelters across the three provinces was 62.98%, down 3.47 percentage points WoW.

A large smelter in Henan recently commenced equipment maintenance, which weighed on the regional operating rate. The maintenance is expected to be completed by month-end, and the smelter will resume normal production next week, at which point the regional operating rate will rebound accordingly. A small-to-medium-sized smelter in Hunan entered a maintenance phase this week and plans to resume production in late July, causing the local operating rate to edge down. Smelters in other regions of China maintained stable production with no shutdowns or suspensions, and operating rates remained flat WoW.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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