India: Hindustan Zinc reduces zinc, lead ingot prices by up to INR 4,500/t ($54/t)

Hindustan Zinc Ltd. (HZL) has cut zinc and lead ingot prices by up to INR 4,500/t ($54/t) today. Zinc ingots are now at INR 270,900/t ($3,251/t), up by INR 4,500/t ($54/t) compared to prices on 22 Apr. Meanwhile, lead ingot prices have been reduced by INR 1,900/t ($22/t) to INR 208,700/t ($2,504/t) ex-Jodhpur. LME zinc prices are at $2,879/t (up 3.2%), and lead at $2,213/t (up 0.7%).