India: Iron ore concentrate prices remain supported in recent deal

  • BigMint’s assessment for Fe 63% iron ore concentrates stood at INR 4,500/t ($54/t) exw-Jabalpur. However, some offers were also heard at INR 4,600/t exw ($55/t).
  • Deals of around 10,000 t were reported at INR 4,500/t ($54/t) exw.
  • Active trades, rising pellet and iron ore prices kept iron ore concentrate prices supported.

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