[SMM Flash News] Secondary lead suppliers have a low willingness to sell due to loss pressures, and downstream battery producers and traders also show no interest in purchasing secondary refined lead supplies. During the week, the mainstream ex-factory prices (tax included) of secondary refined lead were on par with the SMM 1# lead average price, with only a small amount of supplies in Central China trading at a discount of around 100 yuan/mt. The trading atmosphere in the spot order market for secondary lead was sluggish. This week, lead prices fluctuated upward, and scrap battery prices also increased slightly, thus the reduction in smelters' loss margins was limited.