India: Iron ore concentrate prices stable; all eyes on OMC price announcement

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BigMint’s assessment for Fe 63% iron ore concentrate stood at INR 3,850/t ($46/t) exw Jabalpur, stable as against the last assessment on 11 Sep’24.
Around 5,000 t of deals were reported in this publishing window at INR 3,850/t ($46/t) exw.
Active deals at current offers has kept prices supported. Meanwhile, market awaits OMC’s base price announcement.

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