Tag: battery operating rates
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LME lead eases despite continued inventory drawdown; battery demand improves
LME lead prices ease despite nearly 12,000 t weekly inventory drawdown Battery operating rates improve but physical demand remains cautious London Metal Exchange (LME) lead prices moved lower during the week despite continued inventory drawdowns, as cautious physical demand and limited downstream buying capped the upside. LME lead cash-settlement prices declined 0.9% to $1,854/t on…