Lead Prices Continue to Fluctuate Downward as Downstream Remains Cautious [SMM Lead Morning Meeting Summary]
- feb 20, 2025, at 9:00 am
[SMM Lead Morning Meeting Summary: Lead Prices Continue to Fluctuate Downward, Downstream Remains Cautious] In the spot market, downstream demand recovery is slow, and the supply of refined lead in circulation is relatively ample. At the beginning of the week, inventory accumulation temporarily weighed on lead prices. However, after lead prices weakened, scrap battery prices remained firm, narrowing the profit margin of secondary refined lead, with some regions experiencing inverted primary lead quotations.
