India: Iron ore concentrate prices remain range-bound in recent deal

  • SteelMint’s assessment of Fe 63% iron ore concentrate prices stands at INR 3,700-3,800/t exw-Jabalpur today, range-bound as against the last assessment on 28 Dec.
  • Improved iron ore market sentiments and hikes in pellet prices have supported concentrate prices, SteelMint noted.
  • Meanwhile, a confirmed deal of around 20,000 t was recorded in this publishing window at INR 3,700-3,800/t exw.

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