Author: Nidhi Awasthi
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India: Iron ore concentrate prices remain firm; market awaits outcome of OMC’s iron ore auction
Buyers stay away amid monsoon-led supply disruptions NMDC’s price reduction pushes sellers to trim offers Iron ore concentrate prices in Jabalpur, central India, remained steady in the past few days, amid limited movement in market fundamentals. BigMint’s bi-weekly index for Fe 62% concentrates stood at INR 4,400/t exw ($51/t) exw, unchanged as against the last…