[SMM Lead Morning Brief: Macro and Inventory Buildup Combine, LME Lead Gives Back All Weekly Gains] SMM June 18 News: Overnight, LME lead opened at $2,006.5/mt. During the Asian session, LME lead consolidated at high levels, oscillating directly between $1,995 and $2,000/mt for most of the period. As the European session began, geopolitical tensions in the Middle East escalated further...

[SMM Morning Lead Meeting Summary: Fundamentals' Resilience Dampens Macro Weakness, Lead Prices May Consolidate] Geopolitical policy contradictions are prominent overseas, and today is the eve of the US Fed's interest rate decision meeting. The market needs to pay attention to the impact of macro policy changes on lead prices. On the fundamental side, domestic secondary lead smelters' production cuts have not yet recovered...

At the 2025 SMM (2nd) Global Renewable Metal Industry Chain Summit - Battery Recycling Forum hosted by SMM Information & Technology Co., Ltd., Wu Xiaoyun, Chairman of the Beijing-Tianjin-Hebei Lead-Acid Battery Industry Alliance, shared insights on the topic of "Current Situation and Path of Transformation for the Secondary Lead Industry in Southeast Asia."

[SMM Shanghai and Other 1# Lead Markets: Downstream Enterprises Purchasing as Needed, Regional Spot Lead Transactions Show Mixed Performance] SMM June 17 Report: In the Shanghai market, Chihong and Honglu primary lead were quoted at 16,875-16,905 yuan/mt, with discounts of 30-0 yuan/mt against the SHFE lead 2507 contract. SHFE lead maintained a high consolidation trend, with suppliers quoting prices in line with the market. Due to limited available cargoes, there were not many quotes. Additionally, the premium for cargoes self-picked up from primary lead smelters was lowered...

Overnight, LME copper opened at $9,678.5/mt, touching a low of $9,664/mt shortly after the opening bell.