Lead Concentrate Imports Surge 6.57% YoY in 2024, Driven by Supply Ease and Market Window

[SMM Analysis: Supply Eases + Window Opens, Cumulative YoY Growth of Lead Concentrate Imports Exceeds 6% in 2024]

According to customs data, the import volume of lead concentrates in December 2024 was 119,700 mt, up 26.16% MoM and up 35.89% YoY. The cumulative import volume of lead concentrates in 2024 reached 1.264 million mt (metal content), up 6.57% YoY. The main import sources of lead concentrates in December were Russia, Australia, and Peru, with the total import volume from these three countries accounting for 44.5%.