Hindustan Zinc Ltd. (HZL) announced significant cuts in zinc and lead ingot prices today, reducing zinc by INR 5,600/t ($67/t) and lead by INR 6,300/t ($75/t) compared to 10 June levels. Zinc ingots are now priced at INR 270,800/t ($3,242/t), while lead ingots at INR 206,400/t ($2,471/t) ex-Jodhpur. At the time of reporting, LME zinc and lead prices are $2,767/t and $2,471/t respectively.
