[SMM Flash News] The scrap volume in the scrap battery market has remained relatively small. This week, due to the continuous decline in lead prices, smelters have lowered their raw material procurement quotes. Recyclers, fearing further price drops, have sold off their inventory, supplementing the raw material inventory of smelters. Currently, the mainstream procurement price for waste electric vehicle batteries (excluding tax) at smelters ranges from 10,000 to 10,050 yuan/mt, with some smelters offering a price guarantee near 10,070 yuan/mt until Friday this week.