Iron ore concentrates (Fe 63%) prices in Jabalpur have fallen by INR 150/t, w-o-w. SteelMint’s assessment for concentrates stands at INR 4,500/t exw. Iron ore prices have dropped in Odisha. Moreover, NMDC has reduced prices sharply, which has resulted in a decline in concentrates prices. Buyers are expecting further fall in prices in the short term.
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