India’s zinc and lead prices fell by 4% w-o-w, reflecting a 2% w-o-w dip in LME futures amid an 18% surge in inventories. HZL slashed zinc and lead ingot prices by up to INR 10,600/t, further impacting domestic spot rates. Middle East zinc diecast dropped by 0.5% to $1,905/t, CFR Mundra. Notably, a recent deal for 50t of Australian-origin lead scrap was heard at 3M(94.5%), CFR Chennai.
