SMM July 17 news:
As of July 16, secondary lead finished product inventories stood at 21,300 mt, down about 300 mt WoW. Lead prices fell first and then rose this week, with downstream buying sentiment improving mid-week; combined with low production operation on the supply side, enterprise in-factory inventory growth was limited. Looking into next week, some enterprises in North China intend to halt production, and the supply side is expected to tighten, keeping finished product inventories stable to lower.
![Scrap Battery Turned to a Wait-and-See Stance After Gains, with Limited Downside Room for Prices Amid Tug-of-War Between Sellers and Buyers [SMM Scrap Battery Weekly Review]](https://imgqn.smm.cn/usercenter/msNEk20251217171722.jpg)
![Secondary Refined Lead Premiums Widen First Then Narrow, Loss Recovery Constrained by Raw Material Side[SMM Secondary Refined Lead Weekly Review]](https://imgqn.smm.cn/usercenter/ojSqv20251217171720.jpeg)

