SMM3 March 27th News: The replacement demand in the automotive battery market has weakened. Some companies, due to the accumulation of finished product inventories, are considering production cuts in April. Among them, export-oriented battery enterprises are facing significant resistance in taking orders, primarily due to the cost difference between domestic and international lead prices, which is unfavorable for battery exports. For instance, small and medium-sized enterprises in Guangdong have started taking holidays.
SMM Battery Market Update on March 27 [SMM Midday Review]
- Mar 27, 2025, at 4:16 am
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The operating rate of downstream aluminum sectors showed a slight increase, with caution advised against the potential suppression of subsequent demand due to high prices and export risks. [SMM Weekly Downstream Survey]
