Global surplus in ‘08, will rise: Study
A study by Portugal-based International Lead Study Group has highlighted that the global surplus in ‘08, will rise, as supply continues to exceed demand. For full story, click here
Articles Tagged "demand"
Zinc and lead companies underwater
By Leia Michele Toovey- Exclusive to Zinc Investing News The global economic outlook seems to worsen everyday. The US, China, and India are witnessing an economic slowdown. Data coming out of Japan shows that the economy there has entered into a recession in the third quarter as corporate spending and export demand slumped. The 15 [...]
Lead prices eased on lack of industrial demand
Metal prices recovered sharply on the non-ferrous metal market here today due to fresh stockists buying in view of higher advices from London Metal Exchange (LME). Lead prices eased on lack of industrial demand. For full story, click here
Chinese lead industry to undergo consolidation
China’s fragmented lead industry is expected to undergo consolidation within the next five years as small sized miners and smelters are increasingly being forced out of business due to plummeting product prices. For full story, click here
Lead at $US1300 versus $US1270
Lead was at $US1300 versus $US1270. Inventories rose and investors fretted about slowing demand and falling economic growth. For full story, click here
Output cuts and layoffs hit zinc and lead miners
By Leia Michele Toovey – Exclusive to Lead Investing News At current price levels, approximately 50 per cent of the world’s zinc producers are under water. Zinc MZN3, mainly used as an anti corrosive in galvanized steel is currently selling for around $1,120.00 per tonne, less than half the metal’s January value. Lead prices are [...]
Lead lost $52 to reach $1459
Prices of lead has slumped between 40-55 per cent so far in 2008 on slowdown in demand for the metal. lead lost $52 to reach $1459. For full story, click here
Lead prices 53% lower
Lead prices this week is 66¢/lb on LME, which is 53% lower than the February monthly average peak of $1.40/lb. In the U.S., buyers reported the October price average was 78¢/lb, delivered, in comparison with a high of $1.52 March 2007. An analysis from Barclays Capital said: A majority of participants (43%) at recent LME Week activities in London [...]
Lead and zinc spot prices rise despite market crash
By Heather Matthews - Exclusive to Lead Investing News Current market climate Zinc metal and lead metal spot prices are rising despite significant fear and panic in the investing world. Following the bankruptcy of Lehman Brothers World Investment Bank, and the Federal Reserve bailout (85 billion) of AIG, many analysts are predicting that more banks will [...]
Lead futures expected to gain further on steady demand
Lead prices, which have gained in the past few weeks, are expected to rise further on good demand. For full story, click here
