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India: Iron ore concentrate prices remain firm as market awaits OMC auction outcome

Source: BigMint Aug 21, 2026 08:30
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Iron Ore Global
Buyers adopt need-based procurement amid high moisture. Pellet demand supports concentrate price stability
India's iron ore concentrate prices remained stable on 19 August 2026 as buyers continued need-based procurement while sellers held offers firm ahead of Odisha Mining Corporation's (OMC) auction outcome. Bi-weekly assessment for Fe 62% concentrate stood unchanged at INR 4,600/t ($48/t) ex-works, while Fe 63% concentrate offers were heard

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