Lead

We have heard many times over the years about metal substitution as a result of rising metal prices — the most classic case is probably plastic water pipes in place of copper — but everyone is likely to have their own example. We have also heard, both in these columns and in the wider press, [...]

{ 0 comments }

The US rightly seeks to protect domestic industries facing unfair foreign competition, using anti-dumping action and countervailing duties to protect domestic firms facing imports from countries where local firms benefit from government subsidies or support that allows them to sell at below economic cost in export markets. But foreign government support is only one form [...]

{ 1 comment }

As a follow-up to a previous post, let’s take a look at the year lead has had. One may have expected demand disruption in China, the world’s largest lead market, to have hit prices badly this year, but as this graph from the LME shows, prices have pretty much followed the base metals trend of [...]

{ 0 comments }

In the wake of LME Week, with copper dominating the headlines, the news from the world of lead is that although the market will still be in oversupply, some firms are counting on new applications to help buoy demand, and hence the lead price. In this graph from the International Lead and Zinc Study Group [...]

{ 2 comments }

There was a time (and I can remember it) when the streets of Shanghai at rush hour were a manic surge of bicycles either waiting at lights or streaming across junctions. Those have now gone, to be replaced by the roar of autos and the hum of electric bikes. Currently there are approximately 140 million [...]

{ 2 comments }

LME metal prices have not fallen across the board in recent days, and while relative minor dollar strength has played its part, a much bigger factor is fear of slowing metals demand, both in China and from stuttering US and European markets “ a general risk of attitude from speculators is the order of the [...]

{ 0 comments }

Following our two-part article on the price of oil and the consequences for global growth posted April 12, it was interesting to see a Reuters article that reported Goldman Sachs’ recommendation to clients to exit oil positions. Specifically, Goldman Sachs warned clients on Monday to lock-in trading profits before oil and other markets reverse, with [...]

{ 1 comment }

Source: BBC, courtesy of David Elkington, a British scholar of ancient religious archaeology who is trying to get the relics safely into a Jordanian museum How do we know a recent discovery in Jordan of ancient, perhaps early-Christian relics is a big deal? It already has its own Wikipedia page. First reported by Robert Pigott [...]

{ 1 comment }