It is reported that this week (July 31 – August 6, 2026), the comprehensive operating rate of primary lead smelters in the three provinces stood at 66.46%, a WoW decline of 0.56 percentage points.
This week, the operating rate of primary lead smelters shifted to a decline, mainly due to medium-to-large smelters in Hunan entering maintenance, which caused a regional reduction in lead ingot supply. Meanwhile, a medium-sized smelter in Yunnan resumed production after maintenance, partially offsetting the decline. Next week, small-to-medium smelters in Yunnan will complete maintenance and resume production contribution. A medium-sized smelter in Hunan is about to enter maintenance, and the decline is expected to outweigh the growth, with the weekly operating rate of primary lead smelters continuing its downward trend.

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