Lead ingot is a refined metallic product with high density and excellent corrosion resistance, primarily consumed by India's large lead-acid battery manufacturing industry. India is one of the world's largest lead consumers, with total consumption exceeding 700,000 MT annually, driven by automotive battery demand and industrial energy storage applications.
Hindustan Zinc Limited (Vedanta group) is India's sole primary lead producer, operating integrated zinc-lead mines and smelters in Rajasthan. However, the majority of India's lead supply (over 70%) comes from secondary smelting - recycling of used lead-acid batteries through organized and CPCB-authorized recycling facilities.
Lead ingot pricing follows LME lead rates, with domestic prices influenced by import duty structure, exchange rates, and local demand-supply dynamics. OfBusiness connects battery manufacturers, cable producers, and industrial consumers with reliable lead ingot supply at competitive pricing.
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