India: Iron ore concentrate prices remain stable even as bids edge lower

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BigMint assessed Fe 63% iron ore concentrates at INR 4,600/t ($53/t) exw-Jabalpur, stable as against the last assessment on 22 Jan’25.
A 5,000-t deal was recorded in this publishing window.
Buyers’ bids have already dropped to around INR 4,300-4,400/t ($50-51/t) exw, but sellers remain unwilling to finalise deals at these lower price levels.

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