Author: Nidhi Awasthi
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India: Iron ore concentrate prices firm, cautious sentiment prevails on downstream weakness
Trading remains moderate in the region Buyers seek price reduction post- OMC auction BigMint’s latest bi-weekly assessment indicates that iron ore concentrate (Fe 62%) prices in Jabalpur remained firm at INR 5,300/t ($58/t) ex-works as of 25 February, unchanged from 21 February and stable on a w-o-w basis. Despite moderate spot activity, prices have held…