Category: Non Ferrous
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India: HZL cuts zinc, lead offers as domestic prices ease amid softer global market
Despite cut, HZL’s prices remain elevated amid last week’s sharp rally LME zinc backwardation narrows as inventories rise above 100,000 t Hindustan Zinc Ltd (HZL) reduced its benchmark zinc ingot price by INR 4,900/t on 3 September, taking its Special High-Grade (SHG) zinc benchmark to INR 429,500/t. The company also reduced its lead benchmark by…