India: Iron ore concentrate prices stay supported in recent deal
- BigMint's assessment for Fe 63% iron ore concentrates stood at INR 4,200/t ($50/t) exw-Jabalpur. However, some offers were also heard at INR 4,400-4,500/t exw ($52-54/t).
- Deals of around 12,000 t were reported at INR 4,100/t ($49/t) exw.
- NMDC's price hike and rising pellet and iron ore prices kept iron ore concentrate prices supported.