Author: Nidhi Awasthi
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India: Iron ore prices exhibit divergent trends in Karnataka
High-grade ore gains as buyers face supply constraints NMDC Kumaraswamy auction eyed for price direction Karnataka iron ore prices remained largely firm during the assessment period, supported by stronger sponge iron and downstream steel market sentiments. However, a clear divergence was observed across grades, with high-grade ore witnessing strong demand amid tight availability, while low-grade…