Author: Nidhi Awasthi
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India: Iron ore concentrate prices stable, trade remains weak
OMC auction sees active response High-grade ore shortage supports prices BigMint’s bi-weekly assessment for India’s iron ore concentrate (Fe 62%) remained unchanged at INR 4,700/tonne ($53/t) ex-works Jabalpur on 26 November, mirroring the previous evaluation on 22 November. Market participants noted that trade volumes stayed moderate, as most sellers had already booked sufficient quantities limiting…