India: Iron ore concentrate prices remain stable even as market eyes OMC auction result

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BigMint assessed Fe 63% iron ore concentrate prices at INR 4,700/t ($55/t) exw-Jabalpur, stable as against the last assessment on 16 Apr’25.
Deals of around 17,000 t were recorded.
Market participants are closely watching the results of OMC’s iron ore auction, anticipating greater clarity amid expectations of higher concentrate offers post auction.

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