Author: Nidhi Awasthi
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India: Iron ore concentrate prices inch up by INR 50/t in recent trades
BigMint’s assessment for Fe 62% iron ore concentrate increased by INR 50/t ($1/t) to INR 4,750/t ($53/t) ex-works Jabalpur today, compared with 26 Nov’25. Nearly 29,000 t were traded during the assessment window. Robust response in the recent OMC auction boosted concentrate prices in the region. Moreover, market participants indicated that once existing contracts are…