India: Iron ore concentrate prices remain stable as sellers maintain firm offers

  • India’s Fe 63% iron ore concentrate prices were stable at INR 4,900/t ($57/t) exw-Jabalpur, against the last assessment on 28 May’25.
  • Deals for around 17,000 t were recorded in this publishing window.
  • Sellers remained firm on their offers despite volatility in the pellet, sponge, and steel markets, driven by active pre-monsoon restocking and expectations that prices may decline during the monsoon due to reduced production.

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