India: Iron ore concentrate prices continue to remain under pressure on sluggish sentiments

  • BigMint’s assessment for Fe 63% iron ore concentrate stands at INR 4,000/t ($48/t) exw Jabalpur, unchanged as against the last assessment on 10 Aug’24.
  • Drop in buyers’ bids amid bearish sentiments in pellet and Odisha iron ore markets have weighed on prices.
  • Around 5,000 t of deals were reported in this publishing window at INR 4,000/t ($48/t) exw.

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