- SteelMint’s assessment of Fe 63% iron ore concentrate prices stands at INR 3,500/t exw-Jabalpur today, a rise of INR 600/t as against the last assessment on 16 Nov.
- A significant rise in pellet offers after the govt rolled back export duties lifted concentrate prices too.
- Meanwhile, confirmed deals of around 47,000 t were concluded at INR 2,900/t exw before the export duty announcement.
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