SMM Weekly Lead Review: Battery Scrap Prices Dip Amid Production Fluctuations

Published: Jan 3, 2025 16:37

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[SMM Weekly Lead Review: Battery Scrap Procurement Prices Slightly Declined, Secondary Crude Lead Transactions Faced Resistance]

SMM, January 3: Last week, heavy pollution weather in Anhui and Shandong regions affected local secondary lead smelters, which cooperated by reducing or halting production. As a result, raw material inventory was consumed slowly, battery scrap procurement demand remained weak, and quotations were stable. From last Thursday to Saturday, secondary lead smelters in Shandong and Anhui regions gradually resumed production. Additionally, this week, a large secondary lead smelter in Anhui, which had been shut down for a long time, commissioned production. Moving forward, we need to monitor changes in lead prices and the impact of raw material inventory consumption on battery scrap prices………

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