‘Cost-plus’ lead contracts a must: smelter

Jan 07, 2013 | 01:15 PM | Daniel Fitzgerald

Tags  junk battery prices, London Metal Exchange, 2013 lead contracts, lead contracts, cost-plus, LME-plus, Daniel Fitzgerald

NEW YORK — A secondary lead refining company has confirmed that it signed a series of 2013 contracts using a “cost-plus” pricing model, saying that it wouldn’t be able to “stand the losses that (it) had last time.”
A company representative told AMM that it “did not sign any contracts for 2013 based on the London Metal Exchange,” with all of its new contracts either “based off costs or a conversion agreement.” ....





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