India: Iron ore concentrate prices stay supported in recent deal

  • SteelMint’s price assessment for Fe 63% iron ore concentrate stands at INR 3,000/t exw-Jabalpur on 23 July, stable as against the last assessment on 20 July.
  • Prices remained supported due to the approaching monsoon and supportive pellet and iron ore prices.
  • Meanwhile, a confirmed deal for around 40,000 t was recorded in this publishing window at around INR 3,000/t exw.

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