- US lead premium hits an over three-year high
- Gravita seals deal in India
- European physical zinc market fires up
US lead premium most since 2016, zinc premium holds
In the United States, the 99.97% lead ingot premium moved higher this week due to acute lack of spot availability of the metal.
Fastmarkets assessed the lead 99.97% ingot premium, ddp Midwest US
at 11-13 cents per lb on Tuesday January 19, moving for the first time since it reached its previous range of 9.50-10.25 cent per lb on November 24 and its highest since September 2016.
Fastmarkets’ lead 99.99% ingot premium, delivered Midwest US premium
remained flat week on week, however, at 11.25-12.25 cents per lb the same day.
Both sellers and buyers of lead metal said it was difficult to source spot tonnages of the metal, which raised...