Iron ore concentrate prices in Jabalpur, central India, remained unchanged this week due to stability in pellet and iron ore prices in Odisha. SteelMint’s index for Fe 63% concentrate prices currently stands at around INR 3,050/tonne (t) exw, stable as against the last assessment on 24 September.National Mineral Development Corporation (NMDC) conducted an for sale of 600,000 t of iron ore from its Donimalai mines in Karnataka. According to sources, the entire quantity of 400,000 t of fines (Fe59%) and 200,000 t of lumps (Fe61%) was booked at the base price of INR 1,925/t and INR 2,497/t, respectively. Prices exclude royalty, DMF and NMET.SteelMint’s daily sponge iron, CDRI, index was assessed at INR 33,900/tonne (t) (- INR 100) exw-Rourkela on 28 September, 2022. Due to thin trading, the index inched down. Participants showed little enthusiasm in procuring, which kept spot trade volumes low.The below sheet summarises confirmed trades/offers of iron and steel products collected by SteelMint to help our users keep track of day-to-day trade dynamics.
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