Author: Sunil Sharma
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India: Iron ore concentrates prices rise to 2-month high on pellets rally
The price rally in iron ore and pellets has continued to drive up sentiments in the Indian concentrates market. Prices of iron ore concentrates in Madhya Pradesh’s Jabalpur have risen by INR 100-150/t, w-o-w. SteelMint’s assessment for Fe 63% concentrate stands at INR 4,500/t exw. SteelMint’s weekly Odisha iron ore fines index (Fe 62%) was…