March 17, 2026

India: Iron ore concentrate prices remain steady on firm market fundamentals

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  • BigMint’s latest assessment for Fe 62% iron ore concentrate placed prices stable at INR 4,950/t ($55/t) ex-works Jabalpur, unchanged from 24 Dec25.
  • Two transactions were recorded during the assessment window.
  • Market fundamentals remained firm, underpinned by higher offers from sellers, stable OMC bids, and a persistent demand-supply gap.