India: HZL trims zinc, lead prices by up to INR 5,900/t ($68/t)

Hindustan Zinc (HZL) has revised its zinc and lead ingot prices, effective 30 Jan'25. Zinc prices were reduced by INR 5,900/t ($68/t) and lead by INR 800/t ($9/t) compared to 27 Jan. Post-revision, zinc ingots stood at INR 285,500/t ($3,296/t) and lead ones at INR 198,600/t ($2,292/t) ex-Jodhpur. At the time of reporting, LME zinc and lead were at $2,274/t and $1,958/t, respectively.