An abundance of used lead-acid batteries in the United States weighed on product prices again over the past two weeks; meanwhile, zinc scrap prices were soft relative to the London Metal Exchange zinc price, according to market sources.
Fastmarkets' assessment of the lead scrap buying price, delivered smelters US fell to 65-67 cents per lb on Tuesday November 3, down by a penny from 66-68 cents per lb previously and down by 16.5% from 78-80 cents per lb one year ago.Similarly, Fastmarkets' assessment of the lead scrap whole batteries buying price, delivered smelters US slipped by a penny to 29-32 cents per lb on Tuesday. That price is down by 16.4% year on year from 35-58 cents per lb in early November 2019.
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