Author: Abhishek Bhalla

India: Hindustan Zinc reduces zinc and lead ingot prices by up to INR 11,500/t ($144/t)

Aug 22, 2022

—

by

Abhishek Bhalla

in Non Ferrous

Hindustan Zinc Ltd. (HZL) reduced zinc ingot prices by INR 11,500/t ($144/t) today against 15 Aug’22. The effective price stands at INR 332,600/t ($4,166/t), whereas lead ingot prices are down by INR 5,000/t to INR 200,100/t ($2,506/t) exw-Jodhpur. Market participants expect nominal changes in prices considering LME’s three-month futures which fell by almost $76/t in…