February 3, 2026

India: Iron ore concentrate prices hold firm

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  • Indian Fe 62% iron ore concentrate prices remained steady at INR 5,050/t ($55/t) exw-Jabalpur on 31 Jan’26 against 28 Jan26, as per BigMint’s latest assessment.
  • One deal for around 40,000 t was recorded during the current assessment window.
  • Prices continued to find support from a recent increase in pellet offers and stable market sentiment in Odisha’s iron ore market.