India: Iron ore concentrate prices remain firm in recent deals

  • BigMint’s assessment for Fe 62% iron ore concentrates stood at INR 4,700/t ($53/t) exw-Jabalpur, firm as compared to the last assessment on 19 Nov’25.
  • Deals for around 20,000 t were concluded during the current publishing window, indicating stable demand.
  • Market participants noted that sellers maintained firm offers, supported by the strong response seen in the recent OMC auction and the stability in NMDC’s fines prices.

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