Author: Nidhi Awasthi
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India: Iron ore concentrate prices inch up by INR 50/t ($1/t) w-o-w in recent deals
BigMint’s assessment for Fe 62% iron ore concentrates stood at INR 4,450/t ($52/t) exw-Jabalpur, up by INR 50/t ($1/t) as against the last assessment on 16 Jul’25. A deal for around 40,000 t was heard in this publishing window. Market participants are closely monitoring today’s OMC auction for clearer price direction.