SMM, August 6 –
Lead ingot transactions have not improved significantly, and smelters are relatively restrained in their raw material purchasing quotes. Meanwhile, secondary lead smelters are taking a wait-and-see attitude towards lead price trends, so they have little willingness to adjust their purchase quotes for scrap battery raw materials. Currently, shipment sentiment among recyclers is mixed; the market mainly revolves around just-in-time demand circulation. Large-volume transactions are scarce, and overall trading is sluggish. In the short term, scrap battery prices are unlikely to see wild swings.
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