Brent crude futures were trading around $94 per barrel, a dramatic reversal from their daily highs of $97 per barrel,
HRC Steel decreased 769 USD/T or 53.59% since the beginning of 2022, according to trading on a contract for difference
WTI crude futures fell more than 3% to below $86 per barrel on Monday, a dramatic reversal from their daily
Copper futures eased to $3.8 per pound after reaching a near five-month high of $4 on November 11th, as hawkish
Lead
Lead increased 67.25 USD/MT or 2.88% since the beginning of 2022, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Lead reached an all time high of 3989 in October of 2007. Lead is a soft, malleable, ductile, bluish-white, dense metallic element, extracted from galena and found in ore with zinc, silver and copper. 80 percent of modern lead usage is in the production of batteries. Lead is also often used to line tanks that store corrosive liquids and as a shield against X and gamma-ray radiation. The biggest producers of lead are Australia, China and USA, followed by Peru, Canada, Mexico, Sweden, Morocco, South Africa and North Korea. Lead Futures are available for trading in The London Metal Exchange (LME). The standard contact has a size of 25 tonnes.