Scrap battery demand is weak and price increases are limited, the market remains stagnant.

Published: Jul 23, 2026 14:11

Save

SMM, July 23 –

Smelters are offering limited price increases for scrap battery purchases, leaving trading in the recycling market stagnant. Recyclers dare not stockpile at high prices, while scrap battery holders hold back sales in anticipation of higher prices, slowing the pace of shipments. Downstream smelters only make rigid-demand purchases without large-scale restocking. Insufficient demand-side support limits the short-term upside room for scrap battery prices, and the market continues to consolidate.

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.

Images in this article contain AI-translated captions for reference only.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Jinhui Mining Subsidiary Secures Mining License, Boosting Production to 2.44M mt/year

On August 24, Jinhui Mining Co., Ltd. announced that its subsidiary had obtained a mining license and real estate ownership certificate and completed the change of its exploration right. Following the acquisition of the mining right, the company's production capacity will increase from 1.78 million mt/year to 2.44 million mt/year. The move is expected to further expand its lead-zinc resource reserves, strengthen resource security, consolidate its core lead-zinc business, and enhance its sustainable operating capabilities and core competitiveness, in line with the company's long-term development strategy.

1 hour ago

SMM Flash

A lead smelter in Northwest China plans to start maintenance in mid-to-late September, and plans to carry out maintenance for 25 days. SMM will continuously track the specific impact magnitude.

1 hour ago

Data: SHFE, DCE market movement (Aug 24)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 24 Aug , 2026

1 hour ago