The average operating rate of primary lead smelters in three provinces was 67.7% this week (November 14, 2025 - November 20, 2025), up slightly by 0.13 percentage points WoW.
This week, primary lead smelter production in Henan saw marginal fluctuations, resulting in a slight increase, while smelters in Hunan and Yunnan maintained stable operations. Smelters that had not yet reached full capacity had no immediate plans to ramp up production. In other regions, a smelter in east China that had previously undergone maintenance and production cuts resumed operations this week, while another smelter began scheduled maintenance as planned, with the restart time yet to be determined. Additionally, a smelter in east China, whose maintenance was originally scheduled for the end of November, will undergo routine maintenance next week, which is expected to have a relatively limited impact on the primary lead production line and may lead to a slight production cut.
