Lead fell to $0.601 per pound

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Tue, Oct 21, 2008
Lead Market News
Post by Melissa Pistilli, Lead Reporter

With zinc tumbling to $0.504 per pound on LME, a significant amount of production will shut down by next year, says Octagon Capital. If that happens, the lead market will also see a huge deficit, analyst Hendrik Visagie said in a research note.

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