India: Iron ore concentrate prices stay firm, over 150,000 t of deals reported

  • SteelMint’s assessment of Fe 63% iron ore concentrate prices remained stable at INR 5,700/t exw Jabalpur today against 24 Jan’24.
  • Confirmed deals of around 154,000 t were recorded at INR 5,700/t exw in this publishing window.
  • Active deals along with hike in NMDC iron ore prices and pellet offers have supported concentrate prices.