Articles Tagged "demand"

China’s H2 lead demand to drive up higher car sales

As per sources at smelter and battery makers, higher vehicle sales may drive up second-half demand for lead in China, the world’s top lead and automobile market. Tang Chenghe, chairman of smelter Anyang Yubei Gold and Lead stated: There will be a gap between the car sales and demand for lead. (The demand) would be [...]

Lead slipped by 2.40%

Base metals in futures trading snapped a five-day long rally on the Multi Commodity Exchange on Tuesday as speculators indulged in offloading their holdings on renewed concerns over dwindling demand by global giants. Lead for May contract slipped by 2.40 per cent on MCX. For full story, click here

China to force out lead and zinc juniors?

By Leia Michele Toovey- Exclusive to Lead Investing News Chinese lead and zinc refineries are interested in integration and expansion, but not mergers or acquisitions.  The Chinese government showed its support by providing a plan to encourage the non-ferrous industries to restructure and integrate.  The government has also mentioned that it wants to support the [...]

Consumer durables to boost demand

Base metals will continue to remain upbeat on positive outlook for investment in infrastructure and consumer durables, the two major users of base metals. For full story, click here  

Lead market was in surplus

Lisbon-based International Lead Study Group’s latest monthly report showed that the global lead market was in surplus by 21,000 tonnes in the first 10 months of 2008. For full story, click here  

Output cuts extend through lead and zinc industry

By Leia Michele Toovey- Exclusive to Lead Investing News The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines on-stream. Some existing producers have also shut down or curtailed output at mines and plants as high costs and low prices [...]

Zinc and lead in the New Year

By Leia Michele Toovey- Exclusive to Lead Investing News 2008 was a year for unprecedented losses for both the zinc and lead markets. As economic malaise spread around the globe, zinc for three month delivery fell about 49 per cent.  Lead, due to its close ties to the auto industry, took a staggering plunge from [...]