【SMM Flash News】This week, LME lead opened at $1,924/mt. During the period, the negative impact of US tariff risks dissipated, and the US dollar index stabilized, leading to a consolidation trend in LME lead. On Tuesday, LME lead inventory increased by nearly 10,000 mt in a single day, and the high inventory pressure caused LME lead to give back some of its gains. Mid-week, the US announced additional tariffs on China, and LME lead inventory surged by 17,600 mt, intensifying the decline in LME lead, which fell to a low of $1,888.5/mt. After US Federal Reserve Chairman Powell's speech, the US dollar index weakened, and LME lead also retraced most of its losses, finally closing at $1,927.5/mt, up 0.84%. On Friday, LME was closed due to Good Friday.