India: Iron ore concentrate prices fall INR 200/t in recent deal

  • SteelMint’s assessment for Fe 63% iron ore concentrate prices stands at INR 2,650/t exw-Jabalpur today, down INR 200/t as against the last assessment on 29 Jun’22.
  • Falling bids from the buyers’ side and weak iron ore market sentiments have lowered offers for iron ore concentrates.
  • A confirmed deal for around 40,000 t was recorded in this publishing window at around INR 2,500-2,800/t exw.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *