SteelMint assessment of domestic remelted lead ingot prices remained almost stable, w-o-w and stood at INR 186,000/t ($2,402/t), exw-Delhi, a slight decrease of 0.22% against last week prices, primary lead ingot prices were at INR 199,000/t ($2,570/t), stable w-o-w.
However, On London Metal Exchange (LME), lead ingot cash prices were recorded at $2,107/t, on 11 May’22, a decrease of 7.4%, w-o-w, and stocks were at 38,175 t, up by 75 t w-o-w, SteelMint records.
Domestic Prices are expected to remain rangebound in near term amid fair demand and supply in the market, sources informed SteelMint.
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