Tag: Iron ore concentrate
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India: Iron ore concentrate prices remain stable in recent deal
BigMint assessed Fe 63% iron ore concentrates at INR 4,800/t ($56/t) exw-Jabalpur, stable as against the last assessment on 28 Dec’24. A 5,000-t deal was recorded in this publishing window. Buyers’ bids fell to INR 4,500-4,600/t ($52-54/t) exw. However, higher pellet offers supported concentrate prices. Market participants await NMDC’s price revision for trend insights.