SMM Weekly Review: Primary Lead Smelter Operating Rate Declined by 0.4% During Chinese New Year Week

[SMM Weekly Review: SMM Primary Lead Smelter Weekly Operating Rate (February 1, 2025 - February 7, 2025)]

During last week (February 1, 2025 - January 31, 2025) over the Chinese New Year holiday, large primary lead smelters mainly maintained normal production, while many small and medium-sized smelters in Hunan underwent maintenance and production cuts. The operating rate of primary lead in the three provinces dropped significantly compared to the pre-holiday period. This week (February 1, 2025 - February 7, 2025), the operating rate of primary lead in the three provinces continued to decline by 0.4 percentage points to 46.45%.