SMM January 3 News:
According to a survey by SMM, the weekly operating rate of secondary lead in four provinces from December 28, 2024, to January 3, 2025, was 38.67%, a WoW increase of 10.79 percentage points. On December 28, the heavy pollution weather alert in Anhui was lifted, and local secondary lead smelters gradually resumed production, leading to a 22.27 percentage point increase in the region's operating rate this week. However, another heavy pollution weather alert was issued in Anhui last night, and some smelters have already implemented production cuts in response. The specific impact next week needs to be monitored. In Henan, an orange alert for heavy pollution weather was also issued, but production remained stable, with only transportation being affected. The operating rates in Jiangsu and Inner Mongolia showed relatively small changes WoW. A major smelter in Inner Mongolia has recently expressed intentions to halt production, and the impact on operating rates should be closely monitored.
