Tag: Iron ore concentrate price

India: Iron ore concentrate prices inch up amid hike in offers post-OMC auction

Sep 28, 2024

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by

Vaibhav Dubey

in Fines/Lumps

BigMint’s assessment for Fe 63% iron ore concentrates stood at INR 3,900/t ($47/t) exw-Jabalpur, up by INR 50/t ($1/t). However, some offers were heard at INR 4,000/t exw ($48/t). Deals of around 10,000 t were reported at INR 4,000/t ($48/t) exw. Active response in OMC’s latest auction, combined with rising pellet and iron ore prices,…