Global Refined Lead metal demand to rise in 2016: ILZSG

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.