India: Iron ore concentrate prices stable even as market awaits key price revision

  • BigMint’s assessment for Fe 63% iron ore concentrates stands at INR 4,600/t ($53/t) exw-Jabalpur, stable as against the last assessment on 12 Feb’25.
  • A deal of 6,000 t was reported at INR 4,650/t ($54/t) exw.
  • Buyers continue to eye lower offers for closing trades and eagerly waiting for NMDC and OMC iron ore price revisions.

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