Author: Bhupesh Agrawal

Domestic Fe 62% iron ore concentrate prices in Jabalpur remained steady at INR 5,000/t ($56/t) ex-works. A sustained shortage of high-grade material continued to provide strong underlying support to prices, even as overall buying activity remained measured. Sponge iron prices across major Indian markets moved higher by INR 300-900/t. Trade activity improved, with total sponge…