India: Iron ore concentrate prices inch down in a recent deal

  • SteelMint’s assessment for Fe 63% iron ore concentrate prices stands at INR 3,000/t exw-Jabalpur today, down INR 50/t as against the last assessment on 31 Aug.
  • The drop in pellet prices and weak iron ore market sentiments have weighed on iron ore concentrate prices.
  • A confirmed deal of 32,000 t was recorded in this publishing window at INR 2,800/t exw.

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