[SMM Analysis: Lead Prices Fluctuate Downward, Smelters Increase Maintenance Plans, January Secondary Lead Production May Drop by Over 45,000 mt?]
SMM, December 31: In December 2024, secondary crude lead production increased slightly, up 0.6% MoM but down 6.03% YoY. Secondary refined lead production fell 0.97% MoM and dropped 10.34% YoY. In December, multiple regions frequently issued orange alerts for heavy pollution weather, with secondary lead smelters in provinces such as Anhui, Henan, and Shandong significantly impacted by environmental protection-related controls...
![Secondary lead: Spot order quotes in the market are basically flat compared to yesterday, downstream inquiries show moderate activity [SMM Lead Daily Review]](https://imgqn.smm.cn/usercenter/ojSqv20251217171720.jpeg)


