Tag: galvanised steel demand India

India: Zinc ingot prices decline sharply by INR 14,600/t w-o-w; coated steel gains on firm demand

Mar 25, 2026

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by

Rounak Gairarey

in Zinc

Buyers delay purchases, hoping for further price drops HZL reduces offers by INR 11,300/t as LME prices decline India’s zinc ingot (99.995%) prices dropped sharply by INR 14,600/t w-o-w to INR 317,000/t ex-Delhi as of 24 March, compared with INR 331,600/t a week earlier, reflecting weak spot demand and cautious buying. The decline followed a…