Lead Ingot or bullion/bar lead/lead pigs is lead metal in the form of an ingot which can vary in terms of properties ranging from soft to hard. The product is composed of 99.995% Pb, has is hard to melt, with respective melting and boiling points of 327.502 °C and 1740 °C.
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It looks like a bluish-white substance upon being freshly mined, but its colour starts to tarnish and change to grey upon air exposure. The ingots are toxic in nature and should not be inhaled or swallowed, mandating adequate safety equipment while working with them.
Key Details About the Lead Ingot Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Lead Ingot price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Lead Ingot Price Chart, including India Lead Ingot price, USA Lead Ingot price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Lead Ingot Price Trend:
Lead ingots have wide usage in many important industries as they can be employed for producing various products like soldering electrodes, accumulators, batteries, power cables, blocking X-rays, reserving energy for wind turbines, making electrolytic plates, as well as in defence and mechatronics industries which is the main driver propelling the industry forward.
In addition, soft lead ingots have employment owing to their properties, like being soft, ductile, malleable and corrosion resistant, due to which they can be used for applications like underwater power and communication cables, power & power storage etc.
Other uses of the commodity include its use in roofing sheets, chemicals, radiation shielding, as well as an alloying element with other metals, as hard lead ingots in alloys of various machined or structural products in which antimony is important to give rigidity to the design; in lead–acid batteries, for bullets and plain bearings, among others which drive the market’s expansion further.
Key Players:
- Mars Metal Company
- American Elements
- Pilot Industries Limited
- Gravita India Ltd
- Jayachandran Alloys (P) Ltd
News & Recent Development
- 19 June 2023- Lead prices in India up till 30 June 2023 are expected to stay at INR 184.15/Kg.
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