Prices of iron ore concentrates (Fe 63%) in Madhya Pradesh’s Jabalpur region have fallen due overall decline in Odisha iron ore prices on lower bids. Current prices for Fe 63% concentrates are hovering at INR 6,000-6,500/t exw, vis-a-vis INR 6,500/t assessed last week by SteelMint. SAIL’s iron ore fines (Fe 62.50%) auction held yesterday fetched bids at INR 6,050-6,100/t (loaded, including royalty, et al).
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