Author: Nidhi Awasthi

Market uncertainty keeps sponge iron trade subdued Steel makers adopt wait-and-watch strategy Low-grade fines (Fe 57%) remained firmly anchored at INR 2,650/t ($28/t) ex-mines, while Fe 62% fines inched up by INR 50/t ($0.5/t) to INR 5,150/t ($55/t), underscoring notable price resilience on 26 March. Karnataka’s iron ore market continued to display a remarkably stable…