Downstream Production Halts and Logistics Suspensions Lead to Inventory Accumulation at Primary Lead Smelters [SMM Primary Lead Inventory Weekly Review]

Ahead of the Chinese New Year holiday, trading activity in the spot market was sluggish, and the price spread for primary lead across regions widened [SMM Weekly Review of the Refined Lead Spot Market]

SMM Weekly Operating Rate of Primary Lead Smelters (February 6, 2026–February 12, 2026) [SMM Weekly Review of Primary Lead Operating Rates]

Post-Chinese New Year Focus on Lead Consumption Recovery and Destocking, Lead Price Volatility Range Expected to Widen [SMM Weekly Lead Market Forecast]

The Loss-Making Trend in Secondary Lead Continued, with Most Smelters Taking Holidays and Halting Shipments [SMM Secondary Refined Lead Weekly Review]