Tag: KPIL zinc auction
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India: Zinc scrap market shows mixed cues even as LME prices strengthen
Imported diecast scrap gains track LME prices Zinc oxide declines on weak downstream procurement Indian zinc scrap market remained mixed in the week ended 12 February, as stronger global prices contrasted with subdued downstream demand in select segments. While imported scrap tracked gains in zinc prices on the London Metal Exchange (LME), domestic by-products recorded…