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HZL slashes zinc prices by INR 1,100 a tonne

ET reported that Vedanta Resources group firm Hindustan Zinc has cut the prices of zinc, used for producing galvanized steel by INR 1,100 per tonne to INR 89,200 per tonne.

However, the company said it has retained lead rates to the previous week's level of INR 86,900 a tonne. Lead is used primarily by battery, rubber and paint industry. The miner revises rates of its base metals mostly twice a weak in tandem with the price movement at the London Metal Exchange.

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