Batteries fall as lead scrap prices steady
Apr 04, 2012 | 12:26 PM
| Daniel Fitzgerald
NEW YORK Whole battery prices bucked the trend this week, falling a penny in an otherwise steady secondary lead products market.
Whole battery tags dropped to between 40 and 42 cents per pound from 41 to 43 cents per pound two weeks ago while free-market lead scrap tags were largely unchanged amid a stabilizing contract on the London Metal Exchange and continuing supply tightness.
Batteries had previously defied drops in the LME (AMM, March 23), but couldnt resist a fall this week as lead dipped below the symbolic $2,000-per-tonne mark.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.