Look under "Composite Beams" [Budynas "Advanced Strength & Applied Stress Analysis" has it]
Axial - set the strains equal,
stress in stl = [Es/El]x Stress in lead
Bending - use equivalent cross section, equiv width of steel = [Es/El]*orig width.
maybe neglect lead altogether [since E~ 1/15 that of steel]
& just use steel thickness in calc's?