India: Iron ore concentrate prices remain supported in recent deal

  • SteelMint’s price assessment for Fe 63% iron ore concentrate stands at INR 4,500/t ($54/t) exw-Jabalpur, stable as against the last assessment on 8 May’24.
  • Around 10,000 t of deal was reported in this publishing window.
  • Active deals along with supportive sentiments from Odisha iron ore market have kept prices supported.