[SMM Flash News] After the Dragon Boat Festival holiday, there were no signs of easing in the supply situation of the scrap battery market during the week. The amount of scrap batteries was low, and the scarcity of supply led to poor enthusiasm among recyclers for purchasing. Arrivals at secondary lead smelters were tight, but due to huge losses, they were generally unable to raise their purchase offers. This week, the mainstream price of tax-excluded scrap electric vehicle batteries in the market remained at 9,900 yuan/mt, with individual smelters expressing willingness to raise prices due to raw material shortages.