Author: Nidhi Awasthi

  • India: Iron ore concentrate prices stable, trade remains weak

    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…