India: Iron ore concentrate prices remain firm in recent deals

  • BigMint’s assessment for Fe 63% iron ore concentrates stands at INR 4,950/t ($58/t) exw-Jabalpur, stable as against the last assessment on 18 Dec.
  • Deals of 10,000 t were reported at INR 4,900-4,950/t ($58/t) exw.
  • Buyers are eyeing lower offers and eagerly waiting for NMDC’s price revision.

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