Author: Vaibhav Dubey
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India: Iron ore concentrate prices drop marginally, buyers eye correction in near term
Buyers look for further decline in prices Recovery in pellet offers may support prices Iron ore concentrate prices in Jabalpur, central India, remained range-bound this week. Notably, bids have witnessed a drop in recently concluded deals. BigMint’s bi-weekly index for Fe 63% concentrate currently stands at INR 4,500/t ($54/t) exw, a marginal drop of INR…