Base Metals Down on Demand Woes

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Fri, Oct 17, 2008
Lead Market News
Post by Melissa Pistilli, Lead Senior Reporter

Lead dropped again by 10.8 percent on Thursday and even more with $24 down to $1,336 on Friday as expected car battery demand lessens.

Traders were expecting more stocks to hit warehouses if consumption patterns from the automotive and construction industries continued to falter due to the economic downturn.

Read the full article here.

 

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