SMM6, 13 March:
In May, the central environmental inspection was gradually strengthened, the production of recycled lead refineries was generally restricted, and most of the small "three noes" refineries in various localities have ceased production, and the output of some licensed refineries has also been affected. In June, the environmental protection situation in various places continues to be grim, or difficult to alleviate in the short term. it is expected that the production of recycled lead will remain at a low level in June, and the operating rate may be flat.
![Cost Support Holds Prices Firm, Import Lead Inflow Expected to Shrink [SMM Secondary Crude Lead Weekly Review]](https://imgqn.smm.cn/usercenter/mIbTL20251217171721.jpg)
![Operating Rate Declined and Spot Orders Shrank, Secondary Lead Inventory Expected to Turn Lower Next Week [SMM Secondary Lead Inventory Weekly Review]](https://imgqn.smm.cn/usercenter/lIHfM20251217171721.jpeg)
