Global Lead Market In 58,200-ton Surplus In 2011-Shanghai Metals Market

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Global Lead Market In 58,200-ton Surplus In 2011

Industry News 10:09:45AM Feb 16, 2012 Source:SMM

LONDON, (Dow Jones Commodities News via Comtex) -- The global lead market was in surplus by 58,200 metric tons in 2011, the World Bureau of Metal Statistics said Wednesday.

The WBMS said this compared with a deficit of 62,800 tons in 2010.

Global production rose by 476,000 tons year-on-year, while demand was 417,000 tons higher, it said. It did not give the total figures.

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Global Lead Market In 58,200-ton Surplus In 2011

Industry News 10:09:45AM Feb 16, 2012 Source:SMM

LONDON, (Dow Jones Commodities News via Comtex) -- The global lead market was in surplus by 58,200 metric tons in 2011, the World Bureau of Metal Statistics said Wednesday.

The WBMS said this compared with a deficit of 62,800 tons in 2010.

Global production rose by 476,000 tons year-on-year, while demand was 417,000 tons higher, it said. It did not give the total figures.