Lead Prices Plunge, Scrap Battery Prices Follow Suit [SMM Daily Review]

Published: Jul 15, 2026 13:22 (GMT+8)

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SMM July 15:

Overnight lead prices plunged. Today, most smelters lowered their quotes for waste lead-acid batteries by 50-100 yuan/mt. In east China, some smelters even halted quoting and purchasing to prevent raw material depreciation. Some enterprises maintained prices for three days and then adopted a 50 yuan/mt cut. Recyclers actively sold goods today, while a few took a wait-and-see stance.

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