Tag: lead smelter maintenance
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LME lead gains despite inventory rebound; SHFE strength offsets weak physical demand
Chinese market strength, expectations of tighter refined-lead supply prompt price hike Subdued physical demand, cautious downstream procurement continue to limit upside London Metal Exchange (LME) lead prices moved higher during the week ended 21 August 2026, despite a modest rebound in exchange inventories. The firmer price trend was supported by strength in the Chinese market…