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13 days agoZinc Ingots

Zinc Prices Steady Amid Tight Supply and Dollar Strength

Zinc prices remained steady across global exchanges, supported by tight inventories and stable refined output. LME futures hovered near USD 2,950/MT, while MCX traded close to ₹291.45/kg. Despite dollar strength and subdued volatility, low LME stocks continued to provide price support amid mixed global market sentiment.
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13 days agoAluminium IngotAluminium T/Sow IngotAluminium Wire Rod

India’s Aluminium Market Balances Tight Domestic Demand with Emerging Supply Pressures

Aluminium prices gained slightly on the LME and in India as Hindalco and Balco raised ingot rates by ₹3,500/MT. Domestic premiums remained firm due to healthy local demand, while the LME Asian Reference price declined 1.8%, reflecting regional weakness. BALCO’s new 525 kA smelter signals future capacity expansion.
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21 days agoZinc Ingots

Zinc Prices Hold Firm Above $3,000/MT Amid Falling Inventories and Chinese Supply Strength

Zinc prices held steady across global exchanges as tightening inventories and improved domestic demand supported sentiment. LME futures hovered above $3,000/MT, while HZL and Vedanta reported record production for H1 FY26. Despite firm fundamentals, upside potential appears limited unless fresh supply disruptions emerge in key producing regions.
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29 days agoAluminium IngotAluminium T/Sow IngotAluminium Wire Rod

Muted Demand and Rising Stocks Weigh on ADC12 Outlook

ADC12 aluminum alloy prices held steady near RMB 20,800–21,000/t as pre-holiday buying faded and inventories rose sharply. Scrap supply remains tight, supporting costs, while extended downstream holidays and weak die-casting demand limit consumption. Import losses widen, and silicon metal supply growth adds pressure, keeping near-term prices largely range-bound.
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1 month agoZinc Ingots

Zinc Prices Soft Amid Weak Demand, LME Fluctuates at Lows

Zinc futures traded range-bound on 24 Sep. LME prices closed at $2,889.4/mt after touching $2,904.5/mt, while MCX October futures eased 0.05% to ₹281.70/kg on subdued demand. Mixed global sentiment, steady LME stocks near 50,525 t, and supply-risk monitoring kept the market cautious.
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1 month agoZinc Ingots

Zinc Futures Steady Near $2,950; MCX Gains on Industrial Demand

Zinc futures traded firm across LME ($2,956/mt), SHFE (¥22,310/mt), and MCX (₹283.65/kg) as low inventories and strong industrial demand supported prices. MCX contracts found key support near ₹281, with upside resistance at ₹285.5. Global sentiment stayed positive despite U.S. tariff concerns and a softer dollar.
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1 month agoZinc Ingots

Zinc Prices Lifted by Strong Demand, Tight Supply

Zinc prices firmed across global exchanges, supported by falling LME inventories and stronger Chinese demand. While ILZSG projects a surplus of ~93,000 t in 2025, short-term sentiment remains bullish. Russian mine delays and tight concentrate supply may cushion against downside, keeping MCX zinc in upward momentum near-term.
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2 months agoZinc Ingots

Zinc Cautious at MCX Support Despite LME Gains

Zinc prices remain steady across exchanges, with LME trading near $2,770/mt and MCX at ₹264.10/kg. Inventories fell, but a global surplus is projected for 2025. Market sentiment stays cautious despite recent gains, with support seen at ₹263/kg and resistance near ₹266–268/kg. Supply disruptions remain the key upside risk.
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2 months agoCopper CathodeCopper Wire RodSS Cold Rolled Coils

Nickel, Copper Steady; Stainless Steel Sees Mixed Trends Amid Strong 200 & 400 Series Demand

Nickel and copper prices remain stable, while stainless steel retail prices show mixed trends across grades. Demand is strong in the 200 and 400 series, with slight weakness in the 300 series. The industry is pushing for anti-dumping duties on cheap imports, as prices are expected to remain steady to firm across segments.
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2 months agoZinc IngotsCopper Cathode

Zinc Prices Edge Up Amid Stock Drop, Surplus Outlook Caps Gains

Zinc prices saw small gains across LME, SHFE, and MCX, though fundamentals remain bearish with ILZSG projecting a 2025 surplus. LME stocks fell sharply by 3,450 t, hinting at short-term tightness. Delays at Russia’s Ozernoye mine could limit concentrate supply, but oversupply concerns keep upside potential restrained.
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2 months agoZinc IngotsCopper CathodeGI Coil

Zinc Prices Show Diverging Trends Amid Falling LME Stocks and Weak Demand

Zinc prices showed mixed trends across LME, SHFE, and MCX. LME stocks continued to fall, signaling tighter supply, but weak demand—especially in construction—keeps overall sentiment bearish. SHFE zinc gained slightly on supply expectations. MCX futures dipped below previous close, reflecting domestic pressure and a cautious global outlook.
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3 months agoZinc Ingots

Zinc Prices Stable Amid Bearish Sentiment; Surplus Forecast Caps Upside Potential

Zinc prices remain stable across LME, SHFE, and MCX, though market sentiment stays bearish due to oversupply concerns. ILZSG forecasts a global surplus of 93,000 t in 2025. Treatment charges have hit a five-year low, reflecting weak market fundamentals. MCX zinc is trading near resistance, but a strong demand revival is needed to break the upside cap.
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