By Heather Matthews – Exclusive To Lead Investing News Lead spot prices remained unchanged on the London Metal Exchange (LME) as the Dow Jones plunged 700 points today. Investors raced to unload stocks as widespread fears about the current financial crisis continued. Lead is currently priced at 0.7406 (low) to 0.7497 (high), with no changes [...]
Continue reading "Lead prices stable as Dow Jones plunges"
Tuesday, September 9, 2008
Base metal prices have dropped again on the strength of the US dollar as well as the lower oil price. Commerzbank’s Eugen WeinberLead noted one of the few metals that is near its cost of production is lead. He said that as prices fell producers would cut back output, reducing inventories, and prices would soon [...]
Continue reading "Lead Coming Close to Cost of Production"
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Friday, October 10, 2008