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Published: Apr 26, 2024 17:51
【SMM Analysis: Scrap Battery Recyclers Fear Price Decline and Sell Off, Are Raw Material Inventories of Secondary Lead Smelters Safe?】SMM News on April 26th: ... According to the research of Shanghai Metals Market (SMM), the weekly operating rate of SMM secondary lead in four provinces this week (April 20th - April 26th) was 46.72%, an increase of 0.06 percentage points compared with the previous week... Although the current lead price is high and the recycling profit still exists, it cannot ultimately offset the low replacement volume of scrap batteries and the high pressure of procurement costs.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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