- BigMint’s assessment for Fe 63% iron ore concentrates stood at INR 3,900/t ($47/t) exw-Jabalpur, up by INR 50/t ($1/t). However, some offers were heard at INR 4,000/t exw ($48/t).
- Deals of around 10,000 t were reported at INR 4,000/t ($48/t) exw.
- Active response in OMC’s latest auction, combined with rising pellet and iron ore prices, resulted in an increase in offers.
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