(Bloomberg) -- Lead headed for its biggest weekly
gain since 1990 in London as production disruptions stoked
concern that supply will fall short of demand this year. Copper
rose to a two-month high and nickel also advanced.
Lead, used in car batteries, has surged after Doe Run
Resources Corp. cut production by about 50 percent at its
Herculaneum smelter in Missouri following a July 13 explosion.
The smelter accounts for about 2 percent of global production.
Ivernia Inc., which mines about 3 percent of world output, halted
exports March 12.
Read more at Bloomberg Commodities News
gain since 1990 in London as production disruptions stoked
concern that supply will fall short of demand this year. Copper
rose to a two-month high and nickel also advanced.
Lead, used in car batteries, has surged after Doe Run
Resources Corp. cut production by about 50 percent at its
Herculaneum smelter in Missouri following a July 13 explosion.
The smelter accounts for about 2 percent of global production.
Ivernia Inc., which mines about 3 percent of world output, halted
exports March 12.
Read more at Bloomberg Commodities News
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