India: Iron ore concentrate prices remain under pressure on bearish sentiments

  • BigMint’s assessment for Fe 63% iron ore concentrate stood at INR 3,850/t ($46/t) exw Jabalpur, down by INR 50/t ($1/t) as against the last assessment on 28 Aug’24.
  • Around 12,000 t of deals were reported in this publishing window at INR 3,850/t ($46/t) exw.
  • Drop in offers amid bearish sentiments in pellet and Odisha iron ore markets has weighed on prices.

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