India: Iron ore concentrate prices remain supported in recent deals

  • SteelMint’s price assessment for Fe 63% iron ore concentrate stands at INR 4,500/t ($54/t) exw-Jabalpur, up marginally by INR 50/t as against the last assessment on 1 May’24.
  • Around 20,000 t of deals were reported in this publishing window.
  • Hike in pellet offers along with active deals have kept prices supported.