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Secondary lead: Downstream enterprises show good enthusiasm for inquiries, while smelters have poor willingness to sell [SMM Lead Midday Review]

iconJul 17, 2025 11:58
Source:SMM

SMM July 17 News:



Today, the SMM #1 lead average price fell by 50 yuan/mt from yesterday to 16,700 yuan/mt. Suppliers of refined lead showed poor willingness to sell, with few quotes available. The mainstream tax-included supply in the market was offered at a premium of around 50 yuan/mt against the SMM #1 lead average price on an ex-factory basis, while the tax-excluded price was around 15,800 yuan/mt. Downstream enterprises showed high enthusiasm for inquiries, but secondary lead smelters held firm on their quotes and had poor willingness to sell, resulting in an overall unoptimistic transaction situation.



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