India: Iron ore concentrate prices drop INR 200/t in recent deal

  • SteelMint’s price assessment of Fe 63% iron ore concentrate stands at INR 4,300/t ($51/t) exw-Jabalpur today, down by INR 200/t as against the last assessment on 10 April.
  • Falling bids, offers and weak sentiments from pellet market continues to weigh on concentrate prices.
  • Around 52,000 t deals at INR 4,200-4,500/t ($50-54/t) exw were reported in this publishing window.