Lead paints a dark picture

FrieFrench

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Lead for delivery in three months slid 2.2 percent to $1,878 a metric ton by 1:26 p.m. Wednesday on the London Metal Exchange. It reached the lowest price since August 2012. The metal, also used in radiation shielding, fell 15 percent this year and is the worst-performing metal on the LME.

Lead prices dropped to a 28-month low on concern that demand will ebb in China, the world’s largest consumer, while some industrial metals fell on concern that the Federal Reserve is moving closer to boosting interest rates.

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