Tag: liquidity issues steel market

India: Zinc ingot prices soften as demand slows; HZL price cut adds pressure

Nov 26, 2025

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by

Rounak Gairarey

in Zinc

HZL trims ingot prices tracking LME softness Australian SHG offers ease; demand muted India’s zinc ingot (99.995%) prices slipped by INR 3,000/tonne (t) w-o-w to INR 315,000/t ex-Delhi, according to BigMint’s assessment. The decline was driven by weak spot demand and softer global benchmarks. On 24 November 2025, Hindustan Zinc Limited (HZL) reduced its zinc…