India: Iron ore concentrate prices fall by INR 100/t ($1/t)
- BigMint's assessment for Fe 62% iron ore concentrates stood at INR 4,600/t ($52/t) exw-Jabalpur, down by INR 100/t ($1/t) from the last assessment on 29 Oct'25.
- Market activity remained subdued, with no major trades heard.
- The downward pressure on prices was attributed to a sluggish pellet market and NMDC's recent price reduction, which dampened overall market sentiment.