UNITED KINGDOM May 09 2016 4:06 PM
LONDON (Scrap Register): ILZSG anticipates that global demand for refined lead metal will rise by 2% to 10.83 million tons in 2016.
In China, increased usage in the automotive and telecommunications sectors will be partially balanced by a reduction in demand in the e-bike market resulting from slower sales growth and increased competition from lithium-ion batteries.
European demand is forecast to grow by 3.5% mainly due to anticipated rises in the Czech Republic, Italy, Spain and the United Kingdom.
After falling by 5.2% in 2015, a partial 1% recovery is anticipated in the United States. Growth is also forecast in India, Indonesia, Japan, Thailand and Turkey.