SMM Primary Lead Smelter Weekly Operating Rate (May 15, 2026 - May 21, 2026) [SMM Primary Lead Operating Rate Weekly Review]

This week (May 15, 2026 – May 21, 2026), the average operating rate of primary lead smelters in the three provinces was 66.45%, up 1.45 percentage points WoW.

This week, smelter production in Yunnan remained stable, with the overall operating rate basically flat WoW. In Hunan, a mid-sized smelter completed short-term equipment maintenance, and production resumed to normal this week, leading to a slight rebound in the regional operating rate. In Henan, normal production fluctuations at a small smelter drove a marginal increase in the regional operating rate. Smelting production in other regions remained generally stable this week.