SMM Analysis: Decline in Secondary Lead Production Amid Environmental Controls and Chinese New Year

[SMM Analysis: Significant Decline in Secondary Lead Smelter Production Due to Environmental Protection Controls in December and Strong Chinese New Year Atmosphere in January]

SMM, January 24: In January 2025, secondary crude lead production declined as expected, down 9.23% MoM and 8.57% YoY. Secondary refined lead production fell 13.36% MoM and 15.12% YoY. Frequent heavy pollution weather in December, coupled with secondary lead smelters reducing or halting production to comply with environmental protection-related controls, led to tightened supply. Moving into January, the Chinese New Year atmosphere gradually intensified...