ILZSG: Global Lead Market In 34,000-Ton Surplus In Jan-May

LONDON, Jul 15, 2010 (Dow Jones Commodities News via Comtex) -- The global refined lead market was in a 34,000-metric-ton surplus in January to May, the International Lead and Zinc Study Group said Thursday.

This compares with a 94,000-ton surplus during the same period in 2009, ILZSG said.

Refined lead production during the January-to-May period was 0.8% higher at 3.529 million tons compared with a year ago.

Refined lead consumption rose 2.6% on the year to 3.495 million tons.

Global lead mine production increased 12% on the year to 1.58 million tons.