Sharp Falls in LME Lead to Boost China Lead Conc. Imports
Recent sharp declines in LME lead prices offered profitable opportunities for Chinese smelters
BEIJING (SMM): Recent sharp declines in LME lead prices offered profitable opportunities for Chinese smelters that have suffered from raw material shortages to import lead concentrate, SMM learns.
Three-month lead on the London Metal Exchange has lost about $100 per tonne after China’s National Day holiday, down to $1,987 per ton
Courtesy: www.metal.com
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Scrap Metal Prices
| Copper Scrap | ||
| Alternator | 0.40 | $US/Lb |
| #1 Copper Bare Bright | 4.17 | $US/Lb |
| Aluminum Scrap | ||
| 356 Aluminum Wheels (Clean) | 0.81 | $US/Lb |
| 6061 Extrusions | 0.71 | $US/Lb |
| Steel Scrap | ||
| #1 Bundle | 360.00 | $US/MT |
| #1 Busheling | 380.00 | $US/MT |
| Electronics Scrap | ||