Tag: replacement costs
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India: Zinc dross, oxide prices extend gains w-o-w as stronger LME lifts replacement costs
Higher replacement costs support secondary zinc prices Buyers continue order-linked procurement amid resistance at elevated levels India’s zinc dross and zinc oxide prices extended their gains in the week ended 15 July 2026, supported by firmer London Metal Exchange (LME) zinc prices, continued declines in exchange inventories and higher replacement costs for secondary material. Despite…