US Scrap Battery prices decline on poor demand
Battery Recycling | 2012-11-23 08:10:25
The US free-market scrap automotive battery prices have dropped further as leading buyers are believed to be flush with supply, with one trader forecasting that prices could reach the mid-30-cent-per-pound level soon.
By Paul Ploumis
NEW YORK (Scrap Monster): The US free-market scrap automotive battery prices have dropped further as leading buyers are believed to be flush with supply, with one trader forecasting that prices could reach the mid-30-cent-per-pound level soon.
Whole auto batteries dropped to 38 to 40 cents per pound from 40 to 41 cents previously. All other lead scrap prices were unchanged.
"There’s no real push in the market. Most of the smelters tell us they’re getting all they need," said a New York based broker.
