Tightening of raw material supply lends support: Lead prices on the 13th may stabilize.
Powell’s speech had a temporary impact, but it did not sustain the V-shaped reversal in U.S. Treasury yields. The London lead market closed down 0.57% at $2,180 per ton for the week, as smelters balanced production adjustments while spot prices remained in a discount. Weak consumption and tightening of raw material supply provided stronger support, […]
Tightening of raw material supply lends support: Lead prices on the 13th may stabilize. Read More »