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Lead

Author

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  • Florela Stoian

Abstract

The global market analysis of lead in 2012 points out the sharp decrease of its monthly averages quotations at LME (London Metal Exchange) also presenting the evolution of global supply and demand for this non-ferrous metal that is used in 85% of the cars batteries. The paper highlights that the lead global market remains the most balanced compared to other nonferrous metal markets, with a moderate surplus. The lead global outlook in 2013 shows a limited increase in production due to a lower lead mining capacity into ex-China regions. This lower capacity could increase even further if major mines such as Brunswick (Canada) Lisheen (Ireland) and Century (Australia) will be closed due to the reserves depletion. The final of the paper presents some metal price forecasts, taking into consideration China’s growth in demand and the possible collapse of global supply.

Suggested Citation

  • Florela Stoian, 2013. "Lead," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy.
    • Handle: RePEc:iem:conjun:y:2013:id:2822000009562119
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