Indian mills have actively booked around 110,000 t iron ore concentrates from Jabalpur region in Jan’22. Looking at the current prices of pellets, the Jabalpur concentrates prices are getting support, due to which many fresh orders have been placed from buyers based in Raipur and from other regions. However, SteelMint’s assessment of iron ore concentrates (Fe 63%) remains stable at INR 3,500/t exw.
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