SHANGHAI, Oct 23 (SMM) — Operating rates across primary lead smelters in Henan, Hunan and Yunnan provinces remained unchanged from the prior week at 58.5% in the week ended October 23, showed an SMM survey.
The average operating rates in Henan, Hunan and Yunnan stayed at 76.9%, 37.6% and 42.1% respectively.
Spot trades were quiet this week as falling lead prices prompted smelters to sign long-term contracts. When Hunan Jingui would restore production is still uncertain.
![From Panic Selling to Holding Back: Supplier Sentiment Reverses as Lead Prices Rebound [SMM Scrap Battery Weekly Review]](https://imgqn.smm.cn/usercenter/LCtEk20251217171721.jpeg)
![Secondary refined lead spot orders tight with firm quotes; raw material issues unresolved, limiting smelter profits [SMM Secondary Refined Lead Weekly Review]](https://imgqn.smm.cn/usercenter/hrxHx20251217171721.jpeg)
![Domestic secondary crude lead supply is tight, more enterprises purchasing secondary crude lead turn to overseas sources [SMM Secondary Crude Lead Weekly Review]](https://imgqn.smm.cn/usercenter/xVgcv20251217171721.jpg)
