US lead, zinc scrap prices steady pre-holidays

The lead and zinc scrap markets in the United States remained strong heading into the final weeks of 2020 while increased demand for scrap from foreign buyers as well as demand for new, replacement car batteries kept market sentiment firm.

“New battery demand is still heavy and expected to continue until March with a harsh winter forecast,” one consumer said. “A lot has changed in a short period. Exporters are back in the market elevating scrap prices, [and manufacturers are] aggressively buying, putting upward pressure on scrap...

Published

Jenny Stewart

December 16, 2020

23:11 GMT

New York