India: Iron ore concentrate prices remain firm in recent deal

  • BigMint’s assessment for Fe 63% iron ore concentrates stood at INR 5,050/t ($60/t) exw-Jabalpur, stable as against the last assessment on 13 Nov’24.
  • A deal of around 5,000 t was reported at INR 5,000/t ($59/t) exw.
  • Active trades have kept concentrate prices supported. Meanwhile, market participants are eagerly waiting for OMC’s price announcement.

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