Tag: zinc market outlook India
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India: Zinc ingot prices surge w-o-w as HZL hikes rates, global cues firm
Domestic zinc prices rally on producer-led hikes Downstream alloy costs rise; buying stays need-based India’s zinc ingot (99.995%) prices jumped sharply by INR 5,800/t week-on-week to INR 331,800/t ex-Delhi on 4 February, supported by higher global benchmarks, firm domestic producer offers, and improved physical market sentiment, BigMint assessments showed. Despite the sharp rise, buying activity…