India: Iron ore concentrate prices inch down by INR 50/t ($1/t) w-o-w in recent deal

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BigMint’s assessment for Fe 63% iron ore concentrate stood at INR 4,650/t ($54/t) exw-Jabalpur, reflecting a fall of INR 50/t ($1/t) w-o-w.
One deal for around 5,000 t was recorded in this publishing window.
Market participants are waiting for fresh iron ore offers following OMC’s auction to gain insights into future trends.

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