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LB MT KG
Lead
   

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 LME Officials LME Lead $/LB 
CASH
.5284
3MTH .5221
06 Jan 09
 
 LME Officials LME Lead $/KG 
CASH
1.165
3MTH 1.151
06 Jan 09
 
 LME Officials LME Lead $/MT 
CASH
1165.0
3MTH 1151.0
06 Jan 09

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LB MT KG
 LME Lead Daily Summary
LME Lead Daily Summary  30 Dec 2008
USD/LBCash3 Mth15 Mth27 MthInventoryVolume
Official$  .4286    .4196    .4255     .4332    45,350    512,525  
+/-  .0201    .0227    .0209    .0213     375     189550  
LME Lead Daily Summary  30 Dec 2008
USD/MTCash3 Mth15 Mth27 MthInventoryVolume
Official$  945.00    925.00    938.00     955.00    45,350    512,525  
+/-  44.50    50.00    46.00    47.00     375     189550  
LME Lead Daily Summary  30 Dec 2008
USD/KGCash3 Mth15 Mth27 MthInventoryVolume
Official$  .945    .925    .938     .955    45,350    512,525  
+/-  .044    .050    .046    .047     375     189550  
 LME Lead Short History
LME Lead Short History USD/LB
DateCash3 Mth15 Mth27 MthInventoryVolume
30 Dec 08  .4286    .4196    .4255    .4332    45,350    512,525  
29 Dec 08  .4085    .3969    .4046    .4119    44,975    322,975  
24 Dec 08  .4082    .3973    .4128    .4196    44,575    416,525  
23 Dec 08  .4114    .4085    .4241    .4332    44,525    407,275  
22 Dec 08  .3992    .3996    .4150    .4241    44,150    406,850  
19 Dec 08  .4001    .4046    .4209    .4300    44,025    390,900  
18 Dec 08  .4289    .4359    .4527    .4618    43,850    440,300  
17 Dec 08  .4386    .4447    .4618    .4731    43,975    514,350  
16 Dec 08  .4445    .4445    .4618    .4731    44,100    677,800  
15 Dec 08  .4609    .4631    .4808    .4921    43,975    415,250  
AvgCash3 Mth15 Mth27 Mth  
Dec  .4371    .4384    .4550    .4649      
Nov  .5856    .5913    .6106    .6190      
LME Lead Short History USD/MT
DateCash3 Mth15 Mth27 MthInventoryVolume
30 Dec 08  945.00    925.00    938.00    955.00    45,350    512,525  
29 Dec 08  900.50    875.00    892.00    908.00    44,975    322,975  
24 Dec 08  900.00    876.00    910.00    925.00    44,575    416,525  
23 Dec 08  907.00    900.50    935.00    955.00    44,525    407,275  
22 Dec 08  880.00    881.00    915.00    935.00    44,150    406,850  
19 Dec 08  882.00    892.00    928.00    948.00    44,025    390,900  
18 Dec 08  945.50    961.00    998.00    1,018.00    43,850    440,300  
17 Dec 08  967.00    980.50    1,018.00    1,043.00    43,975    514,350  
16 Dec 08  980.00    980.00    1,018.00    1,043.00    44,100    677,800  
15 Dec 08  1,016.00    1,021.00    1,060.00    1,085.00    43,975    415,250  
AvgCash3 Mth15 Mth27 Mth  
Dec  963.58    966.43    1,003.10    1,024.95      
Nov  1,291.10    1,303.60    1,346.05    1,364.70      
LME Lead Short History USD/KG
DateCash3 Mth15 Mth27 MthInventoryVolume
30 Dec 08  .945    .925    .938    .955    45,350    512,525  
29 Dec 08  .901    .875    .892    .908    44,975    322,975  
24 Dec 08  .900    .876    .910    .925    44,575    416,525  
23 Dec 08  .907    .901    .935    .955    44,525    407,275  
22 Dec 08  .880    .881    .915    .935    44,150    406,850  
19 Dec 08  .882    .892    .928    .948    44,025    390,900  
18 Dec 08  .946    .961    .998    1.018    43,850    440,300  
17 Dec 08  .967    .981    1.018    1.043    43,975    514,350  
16 Dec 08  .980    .980    1.018    1.043    44,100    677,800  
15 Dec 08  1.016    1.021    1.060    1.085    43,975    415,250  
AvgCash3 Mth15 Mth27 Mth  
Dec  .964    .966    1.003    1.025      
Nov  1.291    1.304    1.346    1.365      
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Lead

Statistics and Information:  Lead is a very corrosion-resistant, dense, ductile, and malleable blue-gray metal that has been used for at least 5,000 years.  Early uses of lead included building materials, pigments for glazing ceramics, and pipes for transporting water.  The castles and cathedrals of Europe contain considerable quantities of lead in decorative fixtures, roofs, pipes, and windows.  Prior to the early 1900's, uses of lead in the United States were primarily for ammunition, brass, burial vault liners, ceramic glazes, leaded glass and crystal, paints or other protective coatings, pewter, and water lines and pipes.  The advent of the electrical age and communications, which were accelerated by technological developments in World War I, resulted in the addition of bearing metals, cable covering, caulking lead, solders, and type metal to the list of lead uses.  With the growth in production of public and private motorized vehicles and the associated use of starting-lighting-ignition (SLI) lead-acid storage batteries and terne metal for gas tanks after World War I, demand for lead increased.  Most of these uses for lead continued to increase with the growth in population and the national economy.  Contributing to the increase in demand for lead was the use of lead as radiation shielding in medical analysis and video display equipment and as an additive in gasoline.

By the mid-1980's, a significant shift in lead end-use patterns had taken place.   Much of this shift was a result of the U.S. lead consumers compliance with environmental regulations that significantly reduced or eliminated the use of lead in nonbattery products, including gasoline, paints, solders, and water systems.  More recently, as the use of lead in nonbattery products has continued to decline, the demand for lead in SLI-type batteries has continued to grow.  In addition, the demand for lead in non-SLI battery applications also has continued to grow.   Non-SLI battery applications include motive sources of power for industrial forklifts, airport ground equipment, mining equipment, and a variety of nonroad utility vehicles, as well as stationary sources of power in uninterruptible electric power systems for hospitals, computer and telecommunications networks, and load-leveling equipment for electric utility companies.  By the early 2000's, the total demand for lead in all types of lead-acid storage batteries represented 88% of apparent U.S. lead consumption.  Other significant uses included ammunition (3%), oxides in glass and ceramics (3%), casting metals (2%), and sheet lead (1%).  The remainder was consumed in solders, bearing metals, brass and bronze billets, covering for cable, caulking lead, and extruded products.

Lead
(Data in thousand metric tons of lead content unless otherwise noted)

Domestic Production and Use:  The value of recoverable mined lead in 2007, based on the average U.S. producer price, was $1.17 billion. Five lead mines in Missouri, plus lead-producing mines in Alaska, Idaho, Montana, and Washington, yielded most of the total. Primary lead was processed at one smelter-refinery in Missouri. Of the 21 plants that produced secondary lead, 12 had annual capacities of 15,000 tons or more and accounted for more than 99% of secondary production. Lead was consumed at about 110 manufacturing plants. The lead-acid battery industry continued to be the principal user of lead, accounting for 89% of the reported U.S. lead consumption for 2007. Lead-acid batteries were primarily used as starting-lighting-ignition (SLI) batteries for automobiles and trucks. Lead-acid batteries were also used as industrial-type batteries for uninterruptible power-supply equipment for computer and telecommunications networks and hospitals; for load-leveling equipment for commercial electrical power systems; and as traction batteries used in airline ground equipment, industrial forklifts, mining vehicles, golf carts, etc. About 8% of lead was used in ammunition; casting material; sheets (including radiation shielding), pipes, traps and extruded products; cable covering, caulking lead, and building construction; solder; and oxides for glass, ceramics, pigments, and chemicals. The balance was used in ballast and counter weights, brass and bronze, foil, terne metal, type metal, wire, and other undistributed consumption.

Salient Statistics:   United States

 

 

2003

2004

2005

2006

2007

Production:

 

 

 

 

 

 

Mine lead in concentrates

 

   460

   445

   437

   429

   430

Primary refinery

 

   245

   148

   143

   153

   150

Secondary refinery, old scrap

 

1,400

1,130

1,150

1,160

1,160

Imports for consumption,  lead in concentrates

 

 

 

 

    (1)

     (1)

Exports, lead in concentrates

 

   253

   292

   390

   298

   300

Imports for consumption, refined metal, wrought and unwrought

 

   183

   208

   210

   343

   310

Exports, refined metal, wrought and unwrought

 

   123

     83

     65

     68

     60

Shipments from Government stockpile excesses, metal

 

     60

     42

     29

     24

     (1)

Consumption:

 

 

 

 

 

 

Reported

 

1,390

1,480

1,490

1,560

1,570

Apparent (2)

 

1,490

1,470

1,480

1,580

1,630

Price, Average, Cents Per Pound

 

 

 

 

 

 

North American Producer

 

  43.8

  55.1

  61.0

  77.4

   123

London Metal Exchange

 

  23.3

  40.2

  44.2

  58.0

   109

Stocks, metal, producers,consumeres yearend

 

     85

     59

     47

     54

     45

Employment:

 

 

 

 

 

 

Mine and mill, peak numbers

 

   830

1,020

1,100

1,070

1,100

Primary smelter, refineries