US lead premium, demand slip in mild winter

摘要

An unusually temperate winter hit lead demand in the United States, with fewer car batteries breaking down and needing replacement. The premium for lead 99.97 ingot narrowed downward amid a softening in spot demand in the absence of severe winter temperatures, which has also caused lead scrap prices to rise due to supply tightness. Fastmarkets assessed the lead 99.97 ingot premium, ddp Midwest US at $0.09-0.10 per lb on Tuesday February 11, narrowing downward by half a cent from $0.09-0.105 per lb the previous week.