The international lead market is showing signs of a moderate recovery in the first quarter of 2026, driven primarily by stable battery demand and a slight improvement in industrial activity in Asia and Europe.

According to industry analysts, the price of refined lead on the London Metal Exchange (LME) has gradually increased in recent weeks, following a volatile end to 2025 marked by high inventory pressures. This rebound is due to a reduction in stored stocks and expectations of increased consumption in the automotive sector, particularly in the production of lead-acid batteries for conventional vehicles and backup power systems.