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By the. late 1990âs, the price of lead had increased tenfold compared. with the price at the beginning of the century. In terms of. 1992 dollars, however, the price of primary refined lead was. $0.39 per pound in 1998 compared with $0.59 per pound in. 1959. Historically, lead has not been and is not a price-elastic.
Ultimately it is a matter of density versus available space, versus cost. Lead weighs around 700 pounds per cubic foot, while iron and steel is around 450 to 500 pounds per cubic foot.Concrete is around 150 pounds per cubic foot.ltimately it is a matter of density versus available space, versus cost. Lead weighs around 700 pounds per cubic foot, while iron and steel is around 450 to 500 pounds per cubic foot.