Tag: zinc replacement costs
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India: Zinc dross, oxide prices extend gains w-o-w as LME inventories fall
Sellers raise offers amid firmer LME, higher replacement costs Buyers continue need-based procurement, resist high offers India’s zinc dross and zinc oxide prices extended their gains in the week ended 22 July 2026, supported by a sharp decline in LME zinc inventories and higher replacement costs for secondary material. Although the weekly average of three-month…