SMM Lead Morning Comment
- nov 09, 2023, at 10:02 am
Overnight, LME lead prices opened at $2179/mt. Entering the European session, an accident occurred at a Russian lead-zinc mine and expectations of tighter raw material supply caused both lead and zinc prices to rise, with LME lead reaching a maximum of $2,200/mt. The contract finally closed at $2,197/mt, an increase of 0.18%.
