Author: Nidhi Awasthi
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India: Iron ore concentrate prices remain firm, all eyes on OMC auction
Suppliers gain leverage amid limited material availability Demand to increase further as construction activity picks up BigMint’s bi-weekly assessment for India’s iron ore concentrates (Fe 62%) remained steady at INR 4,700/tonne ($53/t) ex-works Jabalpur on 19 November, in line with the previous evaluation on 15 November. Market participants highlighted that prices continued to exhibit resilience, buoyed…