India: Iron ore concentrate prices remain stable
- BigMint’s latest assessment for Fe 62% iron ore concentrates stood at INR 4,900/t ($55/t) ex-works Jabalpur, unchanged from the previous assessment on 17 Dec.
- Only one deal was recorded during current publishing window.
- Sources indicated that fresh offers are likely to be released only after pending orders are cleared. Stable weighted average bids for fines in OMC’s auction provided support to concentrate prices.
