Author: Indranath Jha

Buyers cautious amid high prices Market lacks clear signals Iron ore prices in Karnataka reflected mixed market dynamics during the week ended 30 April. Low-grade fines (Fe 57%) declined by INR 50/t ($0.5/t) w-o-w to INR 2,500/t ($26/t) ex-mines, weighed down by subdued demand and weak sentiment in the lower-grade segment. Limited buying interest and…