Tag: lead smelter activity
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LME lead slips despite sharp inventory drawdown; secondary market remains subdued
Exchange stocks fall below 442,000 t, but weak demand limits gains Secondary lead transactions remain sluggish as buyers prefer primary metal London Metal Exchange (LME) lead prices edged lower during the week ended 31 July 2026, as weakness in the secondary lead market and subdued demand sentiment outweighed support from declining exchange inventories. While warehouse…