India: Iron ore concentrate prices dip in recent deal

  • SteelMint’s assessment of Fe 63% iron ore concentrate prices stand at INR 2,900/t exw-Jabalpur today, down INR 50/t as against the last assessment on 26 Oct.
  • Weak iron ore market sentiments and fall in bids from buyers’ side have weighed on prices, SteelMint noted.
  • A confirmed deal of 40,000 t was recorded in this publishing window at around INR 2,750/t exw.

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