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 1 Jan'25.
- An 8,000-t deal was recorded in this publishing window.
- Bids fell to INR 4,500/t ($52/t) exw. However, stable pellet offers kept concentrate prices supported.
- Market participants await NMDC's price revision for further clarity.