Tag Archive | "fall"

Lead dropped $85 at $1,270 a tonne

Wednesday, November 12, 2008

Industrial metals fell on Monday as persistent economic gloom dented the demand estimates. Lead dropped $85 at $1,270 a tonne. For full story, click here

Lead at $US1300 versus $US1270

Wednesday, November 12, 2008

Lead was at $US1300 versus $US1270. Inventories rose and investors fretted about slowing demand and falling economic growth. For full story, click here

Vedanta Resources announces lower profit

Thursday, November 6, 2008

Profit declined by 24.7% at India-focused miner Vedanta Resources in the 6 months to 30 September and earnings fell 7%. beacuse of the falling lead LME prices and rising input/energy costs. Anil Agarwal, chairman of Vedanta Resources, said: In these challenging and uncertain markets, the group has produced a strong performance and we continue to make progress on [...]

Lead fell to $0.601 per pound

Tuesday, October 21, 2008

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. For full story, click here

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