Prices of iron ore concentrates in Madhya Pradesh’s Jabalpur have risen by INR 150/t, w-o-w. SteelMint’s assessment for Fe 63% concentrates stands at INR 3,650/t exw. Some deals have been heard this week for buyers in western and central India. Considering the continuous rise in prices of iron ore pellets, suppliers have increased their offers for concentrates to INR 3,700- 3,900/t exw.
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