Lead re-melted ingots prices remained largely stable w-o-w at INR 186,000/t ($2,437/t), while prices of lead primary ingot stood at INR 199,000/t ($2,608/t) exw Delhi. LME cash prices of lead ingot fell 2%, w-o-w, to $ 2,275/t, while stocks were recorded at 38,100 t. Lead ingot prices may remain stable in the near term or may move higher due to increase in demand of lead battery for residential usage in summer season.
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