India: Iron ore concentrate prices remain stable w-o-w in recent deals

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BigMint’s assessment for Fe 63% iron ore concentrates stood at INR 4,750/t ($56/t) exw-Jabalpur, stable w-o-w.
Deals of around 23,000 t were reported at INR 4,700-4800/t ($56-57/t) exw.
The recent price hike by NMDC, coupled with moderate transactions at these levels, supported offers for iron ore concentrates.

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