India: Iron ore concentrate prices remain stable even as bids drop
- BigMint assessed Fe 63% iron ore concentrates at INR 4,600/t ($53/t) exw-Jabalpur, stable as against the last assessment on 15 Jan'25.
- A 5,000-t deal was recorded in this publishing window.
- Buyers' bids have already dropped to around INR 4,300-4,400/t ($50-51/t) exw as they await fresh iron ore prices from the miners post-OMC's auction.