Author: Nidhi Awasthi
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India: Iron ore concentrate prices remain under pressure on limited trade activities
Iron ore concentrate prices in India have remained under pressure for another week. Limited trade activities, falling pellet and iron ore prices have weighed on bids. Additionally, pending deliveries of old orders had also limited fresh bookings for some sellers. BigMint’s weekly iron ore concentrate index stood at INR 4,200/t ($50/t) exw, showing a fall…