Tag: primary metal ingot
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India: Zinc ingot prices climb up w-o-w as HZL raises benchmark, LME inventories continue to decline
LME zinc stocks fall 6% w-o-w, supporting market sentiment Downstream demand muted, need-based buying continues India’s zinc ingot (99.995%) prices increased by INR 4,300/t w-o-w to INR 387,900/t ex-Delhi, according to BigMint’s latest assessment. The increase was driven primarily by Hindustan Zinc Ltd’s (HZL) latest benchmark price hike, while continued drawdowns in London Metal Exchange…