‘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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