India: Iron ore concentrate prices inch up by INR 50/t in recent trades

  • BigMint’s assessment for Fe 62% iron ore concentrate increased by INR 50/t ($1/t) to INR 4,750/t ($53/t) ex-works Jabalpur today, compared with 26 Nov’25.
  • Nearly 29,000 t were traded during the assessment window.
  • Robust response in the recent OMC auction boosted concentrate prices in the region. Moreover, market participants indicated that once existing contracts are fulfilled, some sellers are likely to revise their offers.

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