Lead remaining resilience Lead prices traded sideways last week within a $2,385-2,449 per tonne range, with the bottom end holding above the low set two weeks ago at $2,365 per tonne. This is a resilient performance relative to the likes of copper, aluminium and zinc, which have been under significant pressure. From the recent highs around June 6-7, lead prices have fallen 7.5%, while copper, aluminium and zinc prices have fallen 11.2%, 10.8% and 12.6%, respectively. Latest ILZSG data: Reading between the lines, scrap may be getting tight... Lead mine supply increased 4% 1.603 million tonnes in the first four months of 2018, while refined production was up...
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