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Mumbai:
Hindustan Zinc Ltd. (HZL), the country''s largest producer
of zinc, has raised metal prices by Rs1,500 ($33), or
0.8 per cent, to Rs182,000 a tonne, the second consecutive
increase in two weeks.
Hindustan
Zinc also raised the price of lead by 2.2 per cent to
Rs75,400. The revision in prices is effective October
7, the company said, without giving a reason for the
revisions.
The
company last lifted zinc prices on September 30. It
had raised lead prices by Rs2,200 to Rs72,700 per tonne
on September 23.
The
Udaipur, Rajasthan-based company had lowered prices
of finished zinc three times last month. HZL had, on
September 23, cut zinc prices by Rs400 per tonne, or
0.22 per cent, to Rs178,500 per tonne. It had cut prices
by Rs14,400 a tonne on September 14.
HZL
is India''s leading zinc producer and a part of Vedanta
Resources, a London-listed metals and mining major with
Aluminium, Copper and Zinc operations in the UK, India
and Australia,
The
company has a refined zinc production capacity of 411,000
tonnes
per annum and refined lead production capacity of 85,000
tpa. It has also the advantage of own mineral resources
and related core competencies.
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