[may 14 SMM lead data]

[Lead Market Dynamics] On August 19, the World Bureau of Metal Statistics (WBMS) announced: In June 2026, the global refined lead market experienced a supply deficit of 21,300 mt. In June, global refined lead production was 1.1346 million mt and consumption 1.1559 million mt; January–June cumulative production reached 6.8191 million mt and cumulative consumption 7.0097 million mt, resulting in an overall H1 supply deficit of 190,600 mt. On the mine supply side, global lead mine production in June was 389,100 mt, with January–June cumulative production at 2.3479 million mt. (Source: WBMS)