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![Secondary Lead Smelters' Dilemma: Navigating Raw Material Scarcity, Financial Losses, and Downstream Holiday Breaks [SMM Analysis]](https://imgqn.smm.cn/production/admin/news/cn/thumb/IDSXX20180704165658.png?imageView2/1/w/176/h/110/q/100)
Secondary Lead Smelters' Dilemma: Navigating Raw Material Scarcity, Financial Losses, and Downstream Holiday Breaks [SMM Analysis]
Apr 17, 2025 18:05
In April, China's Secondary Lead Market faces tight raw material supply and cost pressures. Despite no widespread proactive production cuts among Secondary Lead smelters, potential downstream holiday shutdowns and rising scrap battery prices may force passive output reductions. Lead prices are expected to remain under pressure in the short term.
![Outflows from warehouses of aluminum ingots hit a yearly high in April, with inventory performance injecting a "strong boost" into the market [SMM Analysis].](https://imgqn.smm.cn/production/admin/news/cn/thumb/qmiWflVvipWUjqJAdfzj20170627034617.jpg?imageView2/1/w/176/h/110/q/100)
As tariff impacts gradually diminished, stainless steel inventory decreased by 0.28% week-over-week amid shifting supply-demand dynamics
SMM reported on April 17 that from April 10-17, 2025, the total stainless steel inventory in the Wuxi and Foshan markets decreased from 1.0022 million mt to 999,400 mt, down 0.28% WoW. The destocking was mainly due to the digestion of bearish sentiment caused by the tariff event, and the downstream purchase enthusiasm rebounded.
Apr 17, 2025 20:24
Weekly Market Briefing on LFP Materials [SMM Analysis]
【SMM Analysis: Weekly Update on the LFP Material Market】SMM reported on April 17 that the price of LFP remained largely unchanged this week. On the raw material side, the price of lithium carbonate was basically stable this week. Additionally, the processing fee saw no significant changes this week. On the supply side, material manufacturers maintained stable production this week, with the operating rate similar to that of March. Recent market interactions revealed no significant demand growth expectations for April and May. On the demand side, downstream battery cell manufacturers' demand remained stable, showing a slight increase compared to March, but the growth was relatively small. Regarding price settlements, starting from April, material manufacturers and battery cell manufacturers will renegotiate the processing fee for Q2.
Apr 17, 2025 19:51
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