Author: Lipsita Nayak

BigMint’s bi-weekly assessment for Fe 62% concentrate remained unchanged at INR 4,900/t ($51/t) ex-works, while offers for Fe 63% concentrate were heard at around INR 5,350/t ($56/t). Some sellers were also heard offering Fe 62% material at around INR 5,000-5,100/t ($52-53/t) ex-works, indicating that replacement costs are gradually moving above prevailing assessed levels. BigMint’s Fe…