Iron ore concentrates (Fe 63%) prices in Madhya Pradesh’s Jabalpur have fallen by INR 200/t, w-o-w. SteelMint’s assessment for concentrates stands at INR 4,900-5,000/t exw. A 20,000 t deal was heard at INR 4,700/t, loaded by a central India-based player. At OMC’s auction yesterday, the fines lots fetched bids at the base price, which was lower by up to INR 650/t compared to OMC’s Oct auction.
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