SMM Secondary Lead Smelter Weekly Operating Rate (2026.9.4-2026.9.10) [SMM Lead Weekly Review]

Published: Sep 11, 2026 15:41

Save

SMM, September 11:

From September 4 to September 10, 2026, the weekly operating rate of secondary lead across four provinces tracked by SMM stood at 39.5%, down 1.55 percentage points WoW. Operating rates in Henan, Anhui, and Jiangsu remained stable, while the pullback was mainly due to a production halt at a large Inner Mongolia smelter caused by raw material shortages. Looking ahead to next week, with the Mid-Autumn Festival and National Day holidays approaching, downstream users are entering a critical period for lead ingot stockpiling. However, secondary refined lead is less competitive compared with primary lead supply, and with scrap battery prices holding firm, smelters have limited willingness to ramp up production. Production at the Inner Mongolia smelter is expected to shrink further compared with this week, and the overall operating rate is expected to continue trending downward.

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.

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

Weekly Review of the Lead Concentrates Market (September 7, 2026 - September 11, 2026) [SMM Lead Concentrates Weekly Review]

1 hour ago

4 hours ago

Contango Completes Camp-to-Portal Road and Bridges at Johnson Tract Polymetallic Project

Contango Silver & Gold announced that it had completed the camp-to-proposed-portal road, bridges and portal pad at its Johnson Tract polymetallic project in Alaska. Geotechnical drilling along the proposed coastal access road and barge facility easements has also been completed. Most environmental and cultural baseline studies are substantially complete, while permitting for the coastal road and barge facilities remains underway. The JT deposit has an existing indicated resource of 3.489 million tonnes grading 5.21% zinc and 0.67% lead, containing 400.8 million lb of zinc and 51.5 million lb of lead, alongside gold, silver and copper. The resource estimate has an effective date of July 12, 2022. The completed works prepare the site for subsequent underground exploration and feasibility studies. The project is not in production, and the completed road covers the camp-to-proposed-portal section.

4 hours ago

5 hours ago

Kingfisher Reports High-Grade Lead-Zinc-Silver Intersections at Two Broken Hill Prospects

Kingfisher Mining has reported lead-zinc-silver drilling results from its Stephens Trig and Allendale prospects near Broken Hill, Australia. The first drilling at Stephens Trig since 2017 comprised five holes totaling 584 m. Results included 5 m at 7.4% combined lead and zinc and 10 g/t silver from 79 m downhole, including 2 m at 17.5% lead-zinc and 24 g/t silver. A separate interval returned 1 m at 198 g/t silver from 111 m. At Allendale, nine holes totaling 802 m returned 9 m at 8.05% lead-zinc and 17.9 g/t silver from 64 m, including 5 m at 10.37% lead-zinc and 23.2 g/t silver. Both prospects remain at the exploration stage.

5 hours ago