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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.
The specific metal or metal fillers used in a job are also important. Stainless steel used for welding, for example, costs around $13-$15 per pound. This is much cheaper than cast iron, which can cost more than twice as much per pound.