Malaysian Scrap Lead Shortage Cuts Ingot Output, Rises Premiums to $170-180/mt

Published: Jul 31, 2026 11:57

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[Malaysia Lead Market Dynamics] The supply of scrap lead raw materials in Malaysia remains persistently tight. Local secondary lead smelters said that due to insufficient raw material supply, the production of lead ingots has dropped again by about 20% recently, with current production maintained at only a quarter of normal levels. Meanwhile, spot premiums for secondary refined lead in Malaysia have further risen, with CIF premiums reported at $170-180/mt. According to the latest SMM quotation, the CIF premiums for Malaysian lead ingot (Pb 99.985%) are quoted at $155-180/mt, up $15/mt from yesterday.

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