Tag: Iron ore concentrate

India: Iron ore concentrate prices rise by INR 250/t ($3/t) w-o-w amid amid strong OMC auction response

Aug 20, 2025

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by

Nidhi Awasthi

in Fines/Lumps

Rising pellet tags support gains in concentrates Monsoon-driven material shortages continue Iron ore concentrate prices in Jabalpur, central India, witnessed an uptick this week. BigMint’s assessment indicates that the increase was driven by NMDC’s recent price revision, higher base tags in OMC’s auction, and premium bids during the auction, all of which collectively supported prices…