(Bloomberg) -- Lead rose to a record in London for
a sixth session on speculation that global production will fail
to meet demand after a U.S. smelter was damaged by an explosion.
Nickel rallied and tin climbed the most in more than two months.
Doe Run Resources Corp., the world's second-largest lead
refiner, said yesterday output at its Herculaneum smelter in
Missouri was cut in half by the blast. Prices for the metal,
used mostly in car batteries, jumped 94 percent this year and
have outpaced other industrial metals as supplies from Australia
were disrupted and demand improved.
Read more at Bloomberg Commodities News
a sixth session on speculation that global production will fail
to meet demand after a U.S. smelter was damaged by an explosion.
Nickel rallied and tin climbed the most in more than two months.
Doe Run Resources Corp., the world's second-largest lead
refiner, said yesterday output at its Herculaneum smelter in
Missouri was cut in half by the blast. Prices for the metal,
used mostly in car batteries, jumped 94 percent this year and
have outpaced other industrial metals as supplies from Australia
were disrupted and demand improved.
Read more at Bloomberg Commodities News
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