SMM News on June 13:
From June 7, 2025 to June 13, 2025, the weekly operating rate of secondary lead in four provinces tracked by SMM was 32.06%, down 4.11 percentage points WoW. The supply of waste lead-acid batteries remained tight, with limited increases in lead prices during the week. Secondary lead smelters continued to face losses, and the arrivals of raw materials at smelters were poor, with low production enthusiasm due to the "more production, more losses" situation. Multiple smelters in Anhui, Jiangsu, and Henan provinces implemented production cuts, while some smelters in Inner Mongolia were in a state of shutdown. As there are no clear plans to increase production at smelters in these four regions next week, based on current raw material prices and supply conditions, the comprehensive operating rate of secondary lead is expected to maintain a downward trend next week.
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