Japanese Zinc Ingots (PWG) in Bhiwandi

Zinc ingots are an essential raw material in a lot of industrial processes today. They are used in galvanizing, die-casting, and alloy manufacturing. And the main reason people use zinc is that it doesn’t rust easily. This makes it highly useful for coating steel and protecting it from damage. That is why zinc ingots are used in the production of galvanized steel, brass, and batteries. With high demand across automotive, construction, and electronics industries, zinc is now a key metal in global trade.

Key Properties of Zinc Ingot

• Corrosion Resistance: Zinc's natural ability to resist corrosion makes it ideal for protective coatings.
• Malleability: Zinc ingots are highly malleable, allowing them to be easily shaped into various forms for different applications.
• Durability: The material is known for its strength and durability, making it suitable for long-lasting products.
• Electrical Conductivity: Used in electrical applications and batteries.

Industrial Applications of Zinc Ingot

• Galvanization Industry – Zinc is used for coating steel and iron in industries like construction, automotive, and infrastructure because it prevents corrosion. Over half of the zinc ingots produced annually are utilized in galvanizing processes.
• Die-Casting & Alloys – Used in zinc-aluminium (ZA) alloys, brass manufacturing, and casting for automotive parts and electrical components.
• Chemical Industry – Acts as a key ingredient in the production of zinc oxide, zinc sulphate, and other chemical compounds.
• Battery Manufacturing – Used in zinc-carbon and alkaline batteries because of its excellent electrical conductivity.
• Pharmaceuticals & Cosmetics – Certain zinc compounds are used in medicines, skincare, and nutritional supplements.

Zinc Ingot Market Trends and Supply Chain

Since zinc is used in so many industries, its demand keeps going up. Rapid urbanization and government initiatives for smart cities drive zinc consumption. Zinc's primary application in galvanizing steel to prevent corrosion sustains its demand in the construction and automotive sectors.

The supply of zinc mostly comes from mining from ores like sphalerite. And the biggest producers are China, Australia, Peru, India, and the USA. Its global pricing depends on LME (London Metal Exchange) rates, freight costs and geopolitical factors.

India is a notable player in the global zinc market, with companies like Hindustan Zinc leading domestic production. Hindustan Zinc is expecting strong revenue and profit growth in the upcoming fiscal year because of higher production volumes and rising metal prices.

India's zinc market is also affected by international trade policies and currency exchange rates, which in turn affects the competitiveness of domestic producers. 

In February 2025, the Indian government announced the removal of customs duties on waste and scrap of several critical minerals, including zinc. This policy aims to secure the availability of these materials for domestic manufacturing and is expected to impact the supply dynamics of zinc ingots in the country.

Zinc Ingot Prices

As of the first quarter of 2025, zinc prices on the Multi Commodity Exchange (MCX) of India remained in the range of  ₹261 – ₹282 per kg. But they change depending on demand, location, and order quantity.

Latest Zinc Ingot Prices Across Locations

Zinc Ingot Historical Prices

Globally, zinc prices have experienced fluctuations due to supply constraints and varying demand. In October 2024, zinc reached a 20-month high of $3,284 per metric ton on the London Metal Exchange, driven by a tight raw materials market. But prices have since adjusted as there have been changes in supply and demand dynamics.

In November 2024, zinc ingot prices in India have shown a sharp downward trend. For instance, PWG grade zinc ingot prices in Bhiwandi decreased from ₹293 per kilogram on October 30, 2024, to ₹271 per kilogram by November 14, 2024. More recently, prices have remained stable and reached approximately ₹264 to ₹274 per kilogram, depending on the brand and location.

Zinc Ingot Rates Today 

Zinc futures are trading around $2,950 per ton, which is slightly below the two-month high of $2,980 reached on March 14, 2025. This is due to global supply constraints and robust demand.

In India, the zinc ingot price today remains somewhere in the range of Rs 264 and Rs 289 per kg. Current zinc ingot rates depend on fluctuations in metal trading prices, demand from galvanization, die-casting and battery industries, and what’s happening with trade policies.

Zinc Ingot Price Forecast 

Looking at future trends, zinc is expected to keep growing in demand, especially because of more construction and infrastructure projects. Recycling zinc is also becoming more common, which might change pricing trends in the future. But one of the biggest concerns is whether enough raw material will be available to meet the growing needs of different industries.

Companies like Hindustan Zinc are focusing on enhancing production efficiency and exploring opportunities in critical minerals to meet the changing needs of various industries. Monitoring market trends will help businesses get the best purchasing deals for ingot zinc.

Factors that Influence Zinc Ingot Prices in India

• Mining & Smelting Capacity – Production levels from leading zinc-producing nations.
• Global Economic Conditions – Industrial growth in sectors like construction and automotive.
• Stockpile Reserves – Government policies on metal reserves impact supply levels.
• Transportation & Logistics Costs – Import duties, freight charges, and port congestion.
• Environmental Regulations – Stricter mining and smelting controls affecting production levels.

Get the Best Zinc Ingot Prices Today on Nexizo

For businesses looking to buy zinc ingot, Nexizo makes things easier by giving real-time price updates and providing buyers with high quality products. It offers bulk discounts, quick delivery, and access to different grades of zinc, such as Special High Grade (SHG), and Prime Western Grade (PWG) zinc. Some of the major brands available include Hindustan Zinc, Korea Zinc, and Japanese Zinc.

So, if you're looking to buy zinc ingots, Nexizo helps you get the best deals without the hassle of searching for suppliers. You can track prices daily, buy in bulk for discounts, and get materials delivered anywhere in India. Since zinc prices change often, staying updated on market trends can help you save costs and make better purchasing decisions.

For the best zinc ingot prices today, check out Nexizo!