The People's Bank of China will strengthen macroeconomic regulation and control, and introduce a package of monetary policy measures, mainly consisting of three categories and ten policies.

[SMM Analysis: Secondary Lead Market Game: The Battle Between Resumption Wave and Raw Material Inventory] SMM, March 7: In this game, with smelters operating at such high operating rates, raw material inventory continues to decline. Should they opt for production cuts or raise raw material procurement prices? Meanwhile, recyclers are also facing the pressure of deciding whether to sell quickly at current market prices or to hold onto stock in anticipation of further price increases. Which side will concede first?

SMM presumes that the zinc concentrate mines are unlikely to cut production in the short term.