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Secondary lead production surged in March 2025, with a 94.34% monthly increase and a 15.21% yearly rise for crude lead, and a 110.48% monthly and an 11.24% yearly increase for refined lead. The lead price rose, benefiting smelters and boosting production.Jiangsu and Guizhou regions have added approximately 500,000 tons of new secondary lead production capacity. Despite anticipation of raw material shortages in April, production is expected to remain stable. However, traditional low season and market dynamics may lead to potential forced production cuts later in the month.
Mar 28, 2025 18:41
On March 28, China’s Ministry of Industry and Information Technology released a new Action Plan (2025–2027) for the aluminium industry, aiming to boost resource security, green development, and technological innovation. Key targets include a 3–5% increase in domestic bauxite reserves, 15 Mt of recycled aluminium output, and stricter energy and environmental standards for new alumina and smelting projects. The plan reinforces the primary aluminium capacity cap, promotes clean energy adoption, and encourages regional integration of aluminium production and processing. SMM expects minimal short-term supply impact but sees strong long-term support for sustainable and high-quality industry growth.