India: Iron ore concentrate prices fall by INR 100/t ($1/t)

  • BigMint’s assessment for Fe 62% iron ore concentrates stood at INR 4,600/t ($52/t) exw-Jabalpur, down by INR 100/t ($1/t) from the last assessment on 29 Oct’25.
  • Market activity remained subdued, with no major trades heard.
  • The downward pressure on prices was attributed to a sluggish pellet market and NMDC’s recent price reduction, which dampened overall market sentiment.

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