US lead premiums hold amid weak spot demand

Mar 11, 2013 | 01:31 PM | Barbara O'Donovan

Tags  lead, premiums, junk batteries, LME prices, Barbara O'Donovan

NEW YORK — Lead premiums are unchanged as U.S. consumers mostly remain out of the spot market.

AMM’s lead premiums remain in a range of 13 to 15 cents per pound, according to traders, producers and consumers, although some traders reported weak supplies of primary lead.

"We have nothing to sell right now, but we have had a lot of inquiries," one trader said. "Lead and zinc are really hard to come by at the moment." Premiums are unaffected so far due to a lack of fresh demand, he added.....

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