Tag: galvanizing demand India
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India: Zinc ingot prices rise w-o-w on HZL hike; demand remains subdued
Imported zinc prices remain elevated, limiting arbitrage opportunities Sellers struggle to offload material amid weak galvanising activity India’s zinc ingot (99.995%) prices increased by INR 7,000/t w-o-w to INR 350,000/t ex-Delhi on 21 April, compared with INR 343,000/t a week earlier, supported by producer price hikes and marginally firmer global cues. The increase was largely…