Tag: Iron ore concentrate price

India: Iron ore concentrate prices edge up but weak sponge iron, steel markets spark concern

May 28, 2025

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by

Vaibhav Dubey

in Fines/Lumps

Pre-monsoon restocking supports stable prices Billet prices drop to 3-month low Iron ore concentrate (Fe 63%) prices in Jabalpur, India, witnessed a marginal increase of INR 50/t ($1/t) compared to the previous assessment on 24 May 2025, with BigMint’s bi-weekly index for the same assessed at INR 4,900/tonne (t) ($57/t) exw Jabalpur. Active restocking ahead…