India: Iron ore concs prices stay firm in recent deals even as OMC bid prices fall m-o-m

Source: BigMint Jun 27, 2025 08:30

OMC auction response may not affect offers. Sellers stock up to avoid monsoon-related shortage.

Iron ore concentrate (Fe 63%) prices in Jabalpur, India, remained stable in recently concluded deals compared to the previous assessment on 21 June 2025, with BigMint's bi-weekly index for the same assessed at INR 4,700/tonne (t) ($55/t) exw-Jabalpur. However, weakening sponge iron and semi-finished steel tags, along with fall in

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