This week (May 29, 2026 – June 4, 2026), the average operating rate of primary lead smelters in the three provinces was 66.58%, up 3.6 percentage points WoW.
This week, a large smelter in Henan completed maintenance and resumed production, driving the regional operating rate to rise. In Hunan, a small-to-medium-sized smelter underwent maintenance shutdown last week, with output contracting this week. However, production at other enterprises in the region edged up slightly, with supply and demand factors offsetting each other, and the overall operating rate in Hunan edged up. In Yunnan, smelter production remained stable, with operating rates maintained at last week's level. Smelters in other regions operated normally, with operating rates flat WoW.
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