Lead Prices Weaken, Scrap Battery Market Faces Pressure and Stalemate

Published: Jul 27, 2026 13:40

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SMM July 27 News:

Lead prices declined, smelters' procurement sentiment turned cautious, and purchase quotes for scrap batteries came under pressure. Recycling merchants' concerns over purchasing materials intensified, and they dared not stockpile heavily; holders of spot cargo in the market resisted selling at low prices, holding back from selling and taking a wait-and-see approach, with only a few enterprises selling off out of fear of price declines. Downstream smelters only maintained rigid demand purchases, with no concentrated restocking plan for now. The market was in a two-way stalemate. In the short term, scrap battery prices consolidated on a subdued note, with the rise lacking momentum. Watch out for continued market weakness, which further curbed production at secondary lead smelters and the willingness to purchase scrap batteries.

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