Author: Nidhi Awasthi
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India: Iron ore concentrate prices decline on muted demand, widening bid-offer gaps
Pre-monsoon restocking demand yet to emerge Buyers’ reluctance keeps pressure on concentrate prices Iron ore concentrate prices in central India continued to soften on subdued demand, widening bid-offer gaps, and weakening sentiment in the broader Odisha iron ore market. Despite the onset of the pre-monsoon restocking season, market participants remained largely inactive, resulting in muted…