India: Hindustan Zinc cuts zinc, lead prices by up to INR 4,900/t ($58/t)

Hindustan Zinc (HZL) revised its zinc and lead ingot prices. Zinc prices were reduced by INR 800/t ($10/t), and lead prices, by up to INR 4,900/t ($58/t) compared to 30 Aug’24 levels. Post-revision, zinc ingots are now at INR 288,800/t ($3,441/t) while lead ingots are at INR 1,99,200/t ($2,373/t) ex-Jodhpur. LME zinc and lead were at $2,834/t and $2,055/t.