Refined Lead Transactions Improved Compared to February, Secondary Lead In-Plant Inventory Continued to Decline This Week [SMM Secondary Lead Inventory Weekly Review]

SMM March 7 News:

As of March 7, 2025, the finished product inventories of secondary lead smelters stood at 12,120 mt, a decrease of 1,620 mt WoW. Entering March, the impact of the Chinese New Year subsided, and downstream battery producers saw an increase in new purchase demand, actively inquiring and purchasing as needed. Some smelters in certain regions reported improved refined lead transactions compared to February, while a few noted that downstream purchase willingness remained weak, with transactions still facing pressure. This week, in-plant inventories of secondary lead continued to decline.

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