Prices of iron ore concentrates in Madhya Pradesh’s Jabalpur have risen by INR 100/t, w-o-w. SteelMint’s assessment for Fe 63% concentrate stands at INR 3,750/t exw. Some deals have been heard this week for buyers in eastern India. With the continuous rise in prices of iron ore pellets and sponge iron, suppliers have increased their offers for concentrates to INR 3,900-4,000/t exw.
Leave a Reply