Europe’s lead premiums up despite strong competition
Jan 30, 2014 | 11:48 AM
| Mark Burton
LONDON European primary lead producers have secured a $10- to $20-per-tonne increase in contractual premiums for this year despite competition from recyclers producing high-quality secondary feed.
Contractual premiums for primary material between 99.85 percent (3N85) and 99.99 percent (4N) purity ranged between $150 and $190 per tonne ex-works.
"I would say (a) $20 (increase) is at the high end, but we have been able to secure increases with our customers for this year," one producer source told AMM sister publication Metal Bulletin, adding that orders were broadly stable compared with 2013. "We heard through our customers that our competitors were lowering their offers, but in the end we have been able to secure an increase."....
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