Scrap Price Services

North American Scrap Prices

China Scrap Prices

India Scrap Prices

European Scrap Prices

LONDON (Scrap Monster): The lead market was in surplus by 6.6 kilo tons in January to July 2012 which follows a surplus of 3.9 kt kt recorded in the whole of 2011, according to World Bureau of Metal Statistics (WBMS).

Total stocks at the end of July were 25.6 kt , lower than at the end of 2011. No allowance is made in the consumption calculation for unreported stock changes.

Lead mine production was 3160.5 kt which was 25 per cent above the total recorded for the first seven months of 2011.

The jump in production of concentrates is largely due to abnormally low Chinese output in January and February 2011. Refined production from both primary and secondary sources was 5909 kt.

Global lead production fell fractionally and demand was 19 kt lower. Apparent consumption in China totalled 2623 kt of lead in January to July 2012 which was 44 kt above the comparable period in 2011 and represented 44.4 per cent of the global total.

In July 2012, refined lead production was 893.7 kt and consumption was 895.2 kt.