India's Iron Concentrate Prices Remain Stable as Market Awaits OMC Auction Guidance

As of February 14, 2026, the ex-factory price for India's Fe 62% iron concentrate in the Jabalpur region remained unchanged, quoted at 5,300 Indian Rupees per ton, approximately 59 US dollars per ton. This price showed no fluctuation compared to the data from February 11, indicating a stable current market situation.

During the recent assessment period, market trading activity was relatively light, with no specific transaction cases recorded. The stability of India's iron concentrate price is attributed to the recent upward trend in pellet quotations, while the overall sentiment in the Odisha iron ore market also provided support.

Market participants are closely monitoring the upcoming auction activities by the Odisha Mining Corporation (OMC) to gain clearer market direction and price signals. The results of this auction may provide important references for the future trend of India's iron concentrate, helping the industry make more informed decisions.