Risk factors in and outside China vary, be alert to import expectations amid lead prices where overseas market underperforms domestic market [SMM Lead Morning Meeting Summary]
[SMM Lead Morning Meeting Minutes: Different Risk Factors in and Outside China; Beware of Import Expectations amid Lead Prices with Overseas Market Underperforming Domestic Market] Recently, the U.S.-Iran peace talks have seen new progress, and Middle East shipping restrictions are about to be lifted. The nonferrous metal supply chain will be restored. Under expectations of recovery in shipping and energy supply, nonferrous metals generally weakened. However, in the lead market, domestic lead smelters are undergoing both maintenance and resumptions...