Author: Sunil Sharma

India: Iron ore concentrate offers surge on limited availability, NMDC price hike

Mar 9, 2022

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by

Sunil Sharma

in Fines/Lumps

The price rally in iron ore and pellets has continued to drive up sentiments in the Indian concentrates market. Offers of iron ore concentrates in Madhya Pradesh’s Jabalpur have risen by INR 750/t, w-o-w. SteelMint’s assessment for Fe 63% concentrates stands at INR 6,250/t exw. Factors supporting the hike in concentrates prices- Limited offers on…