India: Iron ore concentrate prices inch down, active deals reported

  • SteelMint’s assessment for Fe 63% iron ore concentrate prices stands at INR 3,050/t exw-Jabalpur today, down INR 50/t. Some offers were also heard at INR 3,300/t exw.
  • Heavy rains in the region and the absence of trade at higher offers weighed on prices.
  • Meanwhile, confirmed deals of around 64,000 t were recorded in this publishing window at around INR 2,900-3,200/t exw.

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