India: HZL trims zinc, lead prices by up to INR 3,900/t ($45/t)

Hindustan Zinc (HZL) has reduced prices of zinc ingots by INR 3,900/t ($45/t) and lead ingots by INR 1,800/t ($21/t) compared to 5 May'25. Effective 8 May, revised tags of zinc ingots stood at INR 258,000/t ($3,034/t) and lead at INR 194,400/t ($2,286/t) ex-Jodhpur. At the time of reporting, LME zinc and lead were at $2,607/t and $1,945/t, respectively.