News Formal

Column: Supply hits catch up with lead as LME stocks shrink

  • 📰 mining
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Column: Supply hits catch up with lead as LME stocks shrink markets europe

Lead refiners are less exposed to Europe’s rolling energy crunch than zinc smelters.

Germany’s Stolberg smelter, meanwhile, remains out of action after being flooded last summer. Repairs are complete but commodities group Trafigura is still awaiting regulatory approval of its purchase of the plant to restart operations. Global refined lead output fell by 2.2% over the first seven months of this year, according to the latest monthly assessment from the International Lead and Zinc Study Group.

China exported 36,000 tonnes to the United States last year and another 30,000 tonnes in June this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 449. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russia Loses 60% of Its Seaborne Crude Market in EuropeRussia has lost three-fifths of its seaborne crude sales to Europe, with eight weeks to go until sanctions choke off most of the rest so what...
Source: BloombergNRG - 🏆 232. / 63 Read more »