SMM Secondary Lead Smelter Weekly Operating Rate, Jun. 12-18, 2026 [SMM Lead Weekly Review]

Published: Jun 18, 2026 16:19

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SMM June 18 news:

During June 12–18, 2026, the SMM weekly operating rate for secondary lead across four provinces was 29.6%, down 0.12 percentage points WoW. Operating rates in Anhui and Jiangsu were flat. Henan’s rate adjusted production according to raw material arrivals, falling 0.76 percentage points due to undersupply. Inner Mongolia’s rate rose 1.14 percentage points, mainly as a mid-week rebound in lead prices led enterprises to slightly lift output on expectations of improving market conditions. With the Dragon Boat Festival holiday approaching, downstream battery producers will take holidays, leading to a temporary absence of lead ingot consumption. Coupled with sluggish raw material supply, smelters’ production enthusiasm is also low. SMM expects the operating rate to remain stable next week, with a key focus on whether production resumption at a small smelter in Inner Mongolia will materialize.

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.

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