**SMM Lead Afternoon Commentary: Firm Quotes for Refined Lead Amid Tight Supply, Rigid Demand Shifts to Primary Lead Market**

**SMM Lead Afternoon Commentary: Holders Quote Firmly with Premiums for Refined Lead Ex-factory; Downstream Rigid Demand Leans Towards Primary Lead Market**

SMM News on October 28: Today, the average price of SMM 1# lead remained unchanged from last week at 16,500 yuan/ton. The willingness of secondary refined lead holders to ship goods is acceptable, but quotes remain firm due to slightly tighter supply. Downstream buyers maintain rigid demand and lean towards primary lead...