Tag: HZL price cut
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India: Zinc ingot prices fall amid oversupply, weak market sentiment
Australian zinc premiums inflated despite muted demand Heavy July-August imports weigh on domestic trade India’s zinc ingot (99.995%) prices slipped by INR 3,000/tonne (t) week-on-week to INR 287,000/t ex-Delhi, according to BigMint’s assessment. The fall reflects oversupply from recent import surges, weak buying interest, and downward adjustments in official pricing by Hindustan Zinc Limited (HZL).…