Scrap battery prices dip on low demand
Nov 21, 2012 | 12:50 PM
| Daniel Fitzgerald
NEW YORK Free-market scrap automotive battery prices have dropped further as leading buyers are believed to be flush with supply, with one trader forecasting that prices could reach the mid-30-cent-per-pound level soon.
Whole auto batteries dropped to 38 to 40 cents per pound from 40 to 41 cents previously. All other lead scrap prices were unchanged.
"Theres no real push in the market. Most of the smelters tell us theyre getting all they need," one broker said.....
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