Author: Nidhi Awasthi
-

India: Low grade iron ore prices in Karnataka fall on muted downstream demand
Muted buying activity limits market movement Limited participation in NMDC auctions Domestic low-grade iron ore fines (Fe 57%) prices in Karnataka’s Bellary region fell by INR 50/t ($0.55/t), with BigMint’s weekly index at INR 3,000/t ($33/t) ex-mines, excluding taxes, as of 11 December, compared to the previous assessment on 4 December. In contrast, prices of…