Tag: Iron ore concentrate price

India: Iron ore concentrate prices remain firm amid active trades, rebound in steel market

Nov 9, 2024

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by

Vaibhav Dubey

in Fines/Lumps

BigMint’s assessment for Fe 63% iron ore concentrates stood at INR 4,900/t ($58/t) exw-Jabalpur, stable as against the last assessment on 6 Nov’24. Deals of around 45,000 t were reported at INR 4,850-5,000/t ($57-59/t) exw. Active trading, coupled with a recovery in market sentiment for sponge and steel, kept concentrate prices supported.