SMM's monthly metal production data is released at the end of each month, aiming to uncover the true fundamentals and help industry chain participants and investors gain a clearer grasp of the future direction of the non-ferrous metal market.
[SMM Analysis: Undersupply of Raw Materials and Maintenance Lead to November Primary Lead Production Falling Short of Expectations]
SMM November 28: China's primary lead production saw a slight increase in November 2025, up 0.49 percentage points MoM but down 1.61 percentage points YoY. Cumulative primary lead production from January to November 2025 rose 7.06 percentage points YoY.