Prices of iron ore concentrates (Fe 63%) in Jabalpur, central India, remain stable at INR 4,500/t exw. Suppliers are holding back from quoting fresh offers due to pending despatches of previous orders. On the other hand, due to a correction in domestic iron ore fines prices in Odisha and at OMC’s auction held last week, buyers are not showing much interest in placing fresh orders.
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