Global lead market deficit narrows in July, ILZSG says
Worker using a gas torch to melt lead metal. (Stock image.)
The global lead market deficit shrank to 5,600 metric tons in July from 19,100 tons in June, data from the International Lead and Zinc Study Group showed.
During the first seven months of 2025 there was a global surplus of refined lead metal of 30,000 tons, compared with a surplus of 10,000 tons in the same period last year.
The following numbers are in thousands of metric tons.
| July 2025 | June 2025 | Jan-July 2025 | Jan-July 2024 | |
| Mine production | 379.30 | 391.90 | 2,571 | 2,562 |
| Metal production | 1,094.00 | 1,085.10 | 7,702 | 7,537 |
| Metal usage | 1,099.60 | 1,104.20 | 7,672 | 7,527 |
| Balance | -5.60 | -19.10 | 30 | 10 |
(By Polina Devitt; Editing by Mark Potter)
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