Lead, zinc scrap prices rise amid LME gains
Jul 29, 2014 | 02:31 PM
| Saranya Kapur
NEW YORK A run-up in terminal market prices has pushed up lead and zinc scrap tags, but muted summer market activity has placed a ceiling on scrap prices, market sources told AMM.
The London Metal Exchanges three-month lead contract jumped to $2,287 per tonne July 28, a 17-month high, while the LMEs three-month zinc contract, which has had a steady run-up on supply concerns, hit a three-year high of $2,400 per ton.....
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