Author: Bhupesh Agrawal

BigMint’s bi-weekly iron ore concentrate index stood at INR 4,550/tonne (t) ($52/t) exw-Jabalpur. Meanwhile, Fe 63% concentrate prices were assessed stable at INR 4,700/t ($54/t) exw. The Indian sponge iron market continued to weaken, with spot prices declining by INR 50-400/tonne across key production hubs. Trade volumes remained subdued, with 10,800 t of sponge iron…