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Mumbai:
Hindustan Zinc Ltd has announced an increase in the
price of zinc by Rs4,600 ($102) a tonne, or 2.2 per
cent, to Rs212,300 a tonne. This is the a sixth time
this month that the company is hiking metal prices.
The
revised prices are effective October 28, the company
said.
The
Udaipur, Rajasthan-based company last raised prices
on October 21. Hindustan also announced an increase
in the price of lead by Rs1,600 a tonne, or two per
cent, to Rs81,500.
Hindustan
Zinc is the largest domestic integrated zinc producer
with a presence across the entire value chain. The company
recently completed
expansion of mining, refining, smelting and captive
power operations, thereby augmenting capacities to drive
volume growth.
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