Secondary lead: Overall, there are not many quotes for secondary refined lead. Downstream enterprises prefer to purchase tax-included goods. [SMM Lead Midday Review]

Published: Jun 20, 2025 12:05

SMM June 20 News:

Today, the SMM 1# lead average price fell by 50 yuan/mt from yesterday to 16,725 yuan/mt. Secondary lead smelters mainly delivered goods under long-term contracts, with limited spot order quotations. The ex-factory prices of mainstream secondary refined lead were at a discount of 30-0 yuan/mt against the SMM 1# lead average price. The ex-factory prices excluding tax followed the decline to a limited extent, reported at around 15,800 yuan/mt. Downstream enterprises restocked based on immediate needs, with spot purchases favoring tax-inclusive secondary refined lead supplies. It is reported that some secondary refined lead could be delivered to downstream enterprises at a discount.

》Subscribe to view historical SMM metal spot prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Red Dog life extension gains FAST-41 coverage for development of high-grade zinc-lead resources
2 hours ago
Red Dog life extension gains FAST-41 coverage for development of high-grade zinc-lead resources
Read More
Red Dog life extension gains FAST-41 coverage for development of high-grade zinc-lead resources
Red Dog life extension gains FAST-41 coverage for development of high-grade zinc-lead resources
The U.S. Permitting Council granted FAST-41 coverage to the Red Dog Mine Life Extension Project in northwest Alaska. The project proposes underground long-hole stoping at the Aktigiruq and Anarraaq deposits, with ore to be processed through Red Dog’s existing mill and is intended to extend Red Dog operations by approximately 14 years. The U.S. Army Corps of Engineers will lead the federal permitting review. Teck reports 42.2 Mt of indicated resources grading 15.8% Zn and 18.8 Mt of inferred resources grading 11.8% Zn at Aktigiruq, alongside 17.0 Mt of inferred resources grading 14.0% Zn at Anarraaq. Both deposits also contain lead, silver and germanium. FAST-41 coverage supports a coordinated and transparent permitting process; it does not constitute final permitting approval or commercial production.
2 hours ago
Shengda Resources Subsidiary Completes Mine Rights Consolidation, Expanding Mining Area and Long-Term Potential
3 hours ago
Shengda Resources Subsidiary Completes Mine Rights Consolidation, Expanding Mining Area and Long-Term Potential
Read More
Shengda Resources Subsidiary Completes Mine Rights Consolidation, Expanding Mining Area and Long-Term Potential
Shengda Resources Subsidiary Completes Mine Rights Consolidation, Expanding Mining Area and Long-Term Potential
On September 2, Shengda Resources announced that its wholly owned subsidiary, Chifeng Jindu Mining Co., Ltd., had completed the consolidation of the mining rights for the Shidi Silver-Lead-Zinc Mine and the exploration rights for the Shidi Peripheral Lead-Zinc Polymetallic Mine. Jindu Mining has received the Real Estate Ownership Certificate (Mining Right) and Mining License issued by the Chifeng Municipal Natural Resources Bureau. Following the consolidation, the mining area increased from 4.4750 sq km to 5.2397 sq km. The change is not expected to have a material impact on the company's operating results in the short term, but is expected to increase mineable resources, extend the mine's service life and provide resource support for the company's long-term development.
3 hours ago
LME lead under pressure pulled back 0.86%, SHFE lead followed lower in night session, holding the Bollinger middle band [SMM Lead Morning News]
3 hours ago
LME lead under pressure pulled back 0.86%, SHFE lead followed lower in night session, holding the Bollinger middle band [SMM Lead Morning News]
Read More
LME lead under pressure pulled back 0.86%, SHFE lead followed lower in night session, holding the Bollinger middle band [SMM Lead Morning News]
LME lead under pressure pulled back 0.86%, SHFE lead followed lower in night session, holding the Bollinger middle band [SMM Lead Morning News]
3 hours ago
Secondary lead: Overall, there are not many quotes for secondary refined lead. Downstream enterprises prefer to purchase tax-included goods. [SMM Lead Midday Review] - Shanghai Metals Market (SMM)